What is ClearMotion?
ClearMotion is at the forefront of revolutionizing the automotive industry with its software-defined chassis technology. The company's proprietary systems, including ClearMotion1 (CM1) and RoadMotion, are engineered to proactively control vehicle motion, thereby enhancing ride comfort, performance, and safety. By focusing on transforming the in-cabin experience, ClearMotion targets automotive OEMs and Tier 1 suppliers, aiming to redefine the possibilities for productivity and entertainment while in motion. With a global operational footprint, including manufacturing in China, ClearMotion is committed to delivering cutting-edge solutions that elevate the quality of time spent in vehicles.
How much funding has ClearMotion raised?
ClearMotion has raised a total of $330.4M across 9 funding rounds:
Series A
$9.5M
Private Equity
$2.5M
Private Equity
$6M
Series B
$25.3M
Series C
$100M
Series D
$115M
Other Financing Round
$39M
Other Financing Round
$32M
Series A (2012): $9.5M led by Acadia Woods Partners
Private Equity (2012): $2.5M, investors not publicly disclosed
Private Equity (2013): $6M, investors not publicly disclosed
Series B (2014): $25.3M backed by New Enterprise Associates, NewView Capital, Acadia Woods Partners, and World Innovation Lab (WiL)
Series C (2017): $100M with participation from New Enterprise Associates, World Innovation Lab, J.P. Morgan Asset Management, Qualcomm Ventures, and Eileses Capital
Series D (2019): $115M led by Eileses Capital, Microsoft, Bridgestone, J.P. Morgan Asset Management, World Innovation Lab, Qualcomm, NewView Capital, and Franklin Templeton Investments
Other Financing Round (2022): $39M supported by Bai Capital, Nio Capital, and Franklin Templeton
Other Financing Round (2023): $32M featuring Nio Capital, Bai Capital, and NewView Capital
Key Investors in ClearMotion
Nio Capital
Nio Capital focuses on investments in mobility and energy technology, emphasizing transformative mobility, smart industry, and intelligent living. The firm is recognized for its strong reputation in the digitalization and decarbonization sectors, particularly in automotive, energy, and logistics investments.
Bai Capital
Founded in 2010, Bai Capital specializes in investing, managing, and raising private capital for equity investments in real estate developments. The company is based in Aventura, Florida.
NewView Capital
NewView Capital is a venture growth firm that specializes in investing in high-potential enterprise software and fintech companies through primary and secondary investments, providing flexible capital and operational guidance.
What's next for ClearMotion?
The substantial enterprise-level backing and recent strategic investment position ClearMotion for accelerated growth and market penetration. This capital infusion is expected to fuel further research and development, expand manufacturing capabilities, and strengthen strategic partnerships within the automotive ecosystem. As the industry increasingly embraces software-defined architectures and advanced driver-assistance systems, ClearMotion's proactive motion control technology is poised to become a critical component in next-generation vehicles, driving innovation in automotive comfort and performance.
See full ClearMotion company page