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Nexar
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Short description

Developer of connected vehicle and safety enhancing dashcam and HUD-type technologies

Founded in 2015
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector vehicle systems

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters New York City, NY New York City, United States
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Updated by Cleantech Group on 12/07/2021

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IPO INFORMATION

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Date Investors Type Amount
11/17/2021 Qumra Capital Qumra Capital , State Farm Ventures State Farm Ventures , Catalyst Investment Management Catalyst Investment Management , Banca Generali Banca Generali , Valor Capital Group Valor Capital Group , Atreides Management Atreides Management , Corner Ventures Corner Ventures , Regah Ventures Regah Ventures , Aleph Aleph (9)
Post-money valuation of
This funding will be used to scale Nexar's digital twin technology.
Growth Equity $53,000,000
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