UVeye receives investment from GM Ventures.
Auto Business News-June 23, 2022--UVeye receives investment from GM Ventures
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Auto Business News - 23 June 2022
UVeye, an Israel-based company that provides advanced vehicle diagnostic systems, has received an investment from GM Ventures, General Motors' (NYSE: GM) capital venture unit.
The investment will be used to fund the development and commercialisation of the company's vehicle inspection technology. UVeye has also signed a commercial agreement with GM to explore the expansion of UVeye's automated high-speed systems to GM dealerships via various markets.
Under the strategic collaboration agreement, both firms have agreed to work...
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