News Article

Robert Bosch Venture Capital Invest In Teralytics


Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, is leading a $17.5 million investment in Teralytics. The Swiss software company is building a platform to provide advanced mobility analytics powered by telecom network data.

Teralytics uses proprietary artificial intelligence to extrapolate insights, anonymised and aggregated. This enables customers such as mobility providers, cities and transport services to understand, predict and improve people's journeys. Together with RBVC, other strategic and financial investors participating in the round include Deutsche Bahn Digital Ventures, innogy Ventures, LBBW Venture Capital, Liil Ventures, alongside existing investors Atomico and Lakestar.

“As a leading provider of mobility solutions, we are excited to welcome Teralytics to our portfolio”, said Dr. Ingo Ramesohl, Managing Director at RBVC. “The way people move changes rapidly and we look forward to shaping it together with Teralytics.”

Due to the growing population and the trend that more and more people live in urban areas, mobility flows in cities are changing and new modes of transportation such as ride-sharing, bike-sharing and e-scooters are appearing. Meanwhile, cities are striving to understand how new technologies and services impact their residents, with little or no valid data to base critical planning and operational decisions on. As the concepts of private car ownership or scheduled transportation give way to mobility-on-demand, these dynamics will accelerate, generating ever more complex questions requiring data to solve them.

“Simply throwing new modes of transportation at challenges such as congestion, traffic safety, crowded public transportation and long wait times, without a thorough understanding of how all people travel, is not delivering the desired results,” said Alastair MacLeod, CEO at Teralytics. “There is a need for unbiased, all-encompassing insights into people's journeys across all modes of transportation, in real-time. Human mobility is changing beyond recognition. The next ten years will bring a seismic shift in mobility technologies, comparable to the impact that transistor and personal computer advancements had on miniaturisation and digitalisation.”

Zurich based Teralytics, with offices in New York and Singapore, partners with telecom network operators to solve the challenge of understanding human mobility on population scale with the most accurate indicator of people's movement - their mobile devices. “It is the one thing everyone has with them at all times”, Alastair pointed out. Teralytics receives anonymised cell tower signal data and turns them into aggregated mobility behavior of groups of people, thereby being fully compliant with the EU General Data Protection Regulation (GDPR). Teralytics is developing global mobility insights and analytics solutions to better understand how people travel and how new modes of transportation affect the entire transport network.

The leadership team consists of entrepreneurs, engineers and industry veterans with backgrounds from a wide range of technical disciplines, and with strong professional and academic credentials from blue-chip global companies and the best universities in the world. The funding follows a period of growing commercial traction and expansion into more than ten countries. With the support of RBVC and other strategic investors, Teralytics plans to grow globally to cover more than one billion people's journeys and become a global marketplace for mobility insights.

Allegro Launches Custom SOIC16W Package
IndianOil Partners With Phinergy To Manufacture Metal-air Batteries
Ford’s Line-up In Europe To Include 14 Electrified Models Before The End Of 2020
OptiMOS Source-Down 25 V Power MOSFET In PQFN 3.3x3.3 Mm Package
Autotalks' Chipset Is Selected For The Company’s First Mass Production C-V2X Program In China
Hydro-Québec Partners With Mercedes-Benz To Develop Solid-State Battery Technologies
Alpiq Provides Storage Solutions Based On EV Batteries
New PIC MCU Family Moves Software Tasks To Hardware For Faster System Response
Transphorm To Show Adoption Of High Voltage GaN At APEC 2020
European Battery Research Project SeNSE Kicks Off
Volvo Trucks Demonstrates Pilot All-electric VNR Models As Part Of Volvo LIGHTS Innovation Showcase
ProLabs’ Innovative Partnership With UNH-IOL Sees Its Optical Connectivity Solutions Pass With Flying Colors
Infineon Announces 650V SiC MOSFETs
BASF To Produce Cathode Active Material For EV Batteries In Schwarzheide, Germany
Audi E-tron 50 Quattro Available For Ordering In The UK
Teledyne E2v To Continue To Develop And Manufacture High Specification CCD Image Sensors
MOSFET Driver For Synchronous Rectification From Diodes Incorporated
Nexperia Launches Silicon-based OPEN-Alliance-compliant ESD Protection For Automotive Ethernet
Opel To Build Plant Manufacturing Battery Cells In Kaiserslautern
Voltabox Concludes Long-term Retrofit Framework Contract
VDL Bus & Coach Introduces New Battery Pack
SMART Modular Launches DDR4-3200 32GB Low Profile Industrial Mini-DIMMs
Infineon Launching New OptiMOS Source-down 25 V Power MOSFET
UltraSoC Collaborates With PDF Solutions To Prevent In-life Product Failures

Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Power Electronics World Magazine, the Power Electronics World Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: