Service And Parts

Startup UVeye raises $100 million for AI-powered car inspections

UVeye
The UVeye system includes an underbody scanner that detects problems such as frame damage.
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By:
Bloomberg
May 09, 2023 01:03 PM

UVeye, a company that uses artificial intelligence for vehicle inspections, has raised $100 million from investors including General Motors Co. and CarMax Inc The Series D round was led by Hanaco Ventures, a venture firm based in New York and Tel Aviv, and brings UVeye's total funds raised to $200 million, the company plans to announce Tuesday.

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