Ford Motor Company
Ford Motor Company is a prominent automobile manufacturer based in Dearborn, Michigan, founded by Henry Ford in 1903. The company produces a diverse range of vehicles, including cars, trucks, buses, and tractors, and sells them through dealerships for both retail and fleet customers, including government and rental agencies. In addition to manufacturing, Ford offers various automotive financing products through its subsidiary, Ford Motor Credit Company. These financial services include retail installment sale contracts, direct financing leases for new vehicles, and wholesale loans to dealerships for inventory purchases and facility improvements. Ford also provides insurance products, including coverage for vehicles in transit and extended service contracts. The company is committed to environmental sustainability and has initiated efforts in alternative fuel technologies, including electric and hydrogen-powered vehicles.
https://crunchbase.com/organization/***
https://linkedin.com/company/***
Past deals in Michigan
Cavnue
Series A in 2022
Cavnue develops road development systems optimized for autonomous and connected vehicles, designing the physical, digital, coordination, and operational infrastructure needed to accelerate the adoption of next-generation mobility. It analyzes and optimizes real-time road conditions, shares information across platforms, and provides proactive guidance to vehicles and drivers to improve access to affordable, high-quality public transit and shared mobility. The company is advancing a first-of-its-kind connected corridor in Michigan to demonstrate safer, less congested, and more sustainable transportation.
Quantum Signal
Acquisition in 2019
Quantum Signal LLC is an engineering company based in Saline, Michigan, specializing in product design, consulting, and research and development services. Founded in 1999, the company focuses on algorithmic techniques for intelligent sensing, data analysis, and visualization, creating tailored solutions for various sectors. Quantum Signal develops mobile robotics and autonomous systems, serving applications in defense, automotive, consumer products, and manufacturing. Additionally, the company provides modeling and simulation solutions, including interactive tools for engineering and training purposes. It also engages in strategic programs aimed at developing new products and technologies to address industry needs. As of July 2019, Quantum Signal operates as a subsidiary of Ford Motor Company.
MCity
Venture Round in 2017
MCity is an autonomous vehicle research center located on the University of Michigan campus in Ann Arbor, Michigan. It serves as a unique testing facility that integrates early-stage research, real-world testing, and on-road vehicle deployments. MCty brings together industry, government, and academia to collaborate on advancements in transportation, focusing on enhancing safety, sustainability, and accessibility. The center is home to renowned researchers and provides an innovative urban environment for testing new mobility technologies, aiming to benefit society as a whole.
Argo AI
Funding Round in 2017
Founded in 2016, Argo AI is a global company developing autonomous driving technology. Headquartered in Pittsburgh with engineering centers worldwide, it aims to make streets safer and more accessible through its Argo Autonomy Platform.
Livio Radio
Acquisition in 2013
Livio Radio, operating under Myine Electronics, LLC, specializes in designing and manufacturing electronic audio products. Founded in 2008 and based in Ferndale, Michigan, the company offers a range of Bluetooth Internet radio solutions for smartphones, including iPhones and Android devices, as well as car audio players for both personal and business use. In addition to its hardware, Livio Radio provides the Livio Connect API, a middleware framework that facilitates the interaction between hardware and various mobile phone applications. Its products are distributed through a network of retailers, resellers, and online platforms.
iBiquity Digital
Private Equity Round in 2009
iBiquity Digital is a company that develops and licenses HD Radio technology for both AM and FM audio and data broadcasting, operating within the United States and internationally. Founded in 1991 and headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan, iBiquity's technology enables digital radio signals to coexist on the same frequencies as traditional analog broadcasts. This innovation allows for enhanced audio quality and additional data services for listeners. The company also offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a dedicated HD Radio application for iPhone and iPod touch users, facilitating access to HD Radio FM broadcasts.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.