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Mapbox is collaborating with Hyundai Autoever to develop an AI-powered digital ecosystem centered on Mapbox MapGPT for vehicles and companion smartphone applications.
The $280,000,000 Series E funding will be used to fund Mapbox investments into AI location services and to broaden Mapbox’s footprint in the automotive industry.
Mapbox completed a $280,000,000 Series E funding round led by SoftBank Group.
The new funding accelerates Mapbox’s efforts to bring AI into cars by developing new ADAS features for automated driving and safety that work across a wider range of roads and geographic locations.