Seeing Machines secures £26.2 million strategic investment from Mitsubishi
Seeing Machines Limited (LON: SEE), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, has announced that it has entered into a collaboration agreement with Mitsubishi Electric Mobility Corporation, a global leader in the design and manufacture of automotive products and technologies, to pursue joint growth opportunities in the supply of driver and occupant monitoring system technology solutions to enhance safety in Automotive. Mitsubishi also becomes a significant investor in Seeing Machines, following a subscription agreement entered into on 23 December 2024 raising gross proceeds of approximately £26.2 (US$32.8) million to enhance the Group’s balance…
