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High Tech Series B Founded 2012

Commsignia

Commsignia is a vehicle-to-everything (V2X) technology company that develops and manufactures cooperative intelligent transport systems including vehicle-to-vehicle and vehicle-to-infrastructure communication solutions. The company provides V2X hardware and software products including onboard units, roadside units, and V2X software stacks that enable vehicles to communicate with each other and with traffic…

📍 Budapest, Hungary · Smart Cities,

Funding snapshot

Last roundSeries B
Amount$15M
Date5 September 2023
Total raised$27M
Team size103

About

Commsignia is a vehicle-to-everything (V2X) technology company that develops and manufactures cooperative intelligent transport systems including vehicle-to-vehicle and vehicle-to-infrastructure communication solutions. The company provides V2X hardware and software products including onboard units, roadside units, and V2X software stacks that enable vehicles to communicate with each other and with traffic infrastructure for improved road safety, traffic efficiency, and autonomous driving support. Commsignia technology supports dedicated short-range communications (DSRC) and cellular V2X (C-V2X) standards, enabling applications such as collision warnings, traffic signal phase and timing, and cooperative driving automation. Founded in 2012 and headquartered in Budapest, Hungary, Commsignia has raised approximately $27 million in Series B funding from investors including Portfolion, Inventure, Day One Capital, and Partech Partners.

Business model

Smart Cities > Smart Mobility > Traffic Management > Vehicular Traffic > V2I Tech,

Road Transport Tech > Traffic Management > Suite > V2X Integrated,

Connected Vehicles > V2X Solutions

Institutional investors

Portfolion Inventure Day One Capital Inference Partners Partech Partners Credo Ventures Karma Ventures LG Samsung Catalyst Fund Qualcomm Ventures Europa Traction Tribe Invendor Advisory Services STRT Amalfi

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