Mobileye raises fresh capital as ADAS growth accelerates

The true significance of auto suppliers with relatively low public profiles has again been highlighted with the confirmation by Netherlands-based Mobileye NV that it is raising US$400m of new equity from five financial investors. While OEMs and leading global Tier 1 suppliers have a highly visible presence in the safety field, Subscribe to Automotive World … Continued

• By Megan Lampinen
• July 8, 2013