indiGOtech (GO), a Woburn, MA primarily based new mobility tech firm, closed a $54m Sequence BB funding spherical.
Backers included FedEx (NYSE: FDX), Foxconn (2354.TW) and FM Capital.
Led by Will Graylin, CEO, GO is advancing new SmartWheels™ powered EVs and AVs (autonomous autos). GO EVs will even be accessible through GO Loop service hubs that can preserve, cost and restore the EVs for drivers to entry and earn a good earnings with versatile hours.
GO is providing a number of gentle sensible EVs for fleets and mobility firms. The DASH can seat 4 and carry packages with a spacious 90 cubic ft inside, 110 miles of vary and is priced round $20K after tax credit; it’s now prepared for pre-orders with achievement in This fall of 2025. The FLOW is powered by GO SmartWheels™ (an built-in sensible suspension and propulsion system in every wheel), that allow a carpet like expertise, 185 cubic ft of house, 200+ miles of vary and a low flat flooring for straightforward seat modifications and ingress/egress for individuals, packages and wheelchairs. The FLOW is 100% drive-by-wire succesful, with a middle drive cockpit very best for ergonomics and for straightforward switching between human drivers and autonomous driving methods (ADS) wanted by MNCs.
GO just lately acquired Clevon, an unmanned supply automobile supplier with teleoperations and ADS capabilities, to speed up its SmartWheels platform improvement and to combine its SmartWheels™ modularly with regional ADS suppliers to serve native MNCs.
The funding will allow GO to begin GO Loop providers, launch the DASH, and safe a Sequence C by 12 months finish to convey the FLOW to market.
FinSMEs
29/04/2025
