Savari Fuels Up With $8 Million to Propel Self-Driving Cars

After years of subsisting on a series of research grants, Savari has now raised $8 million. Investors in this round, a Series A, include Delta Electronics Capital Corp.; SAIC Capital, which is the corporate venture arm of Shanghai Motors; and an unnamed strategic investor. Savari’s technology is called V2X, for “vehicle to everything.” The company makes wireless sensor technology and software that equip cars and roads with 360-degree situational awareness, even when objects are around corners.