How Much Did Dataspeed Raise?
Funding & Key Investors

Dataspeed has solidified its market position through a series of strategic capital injections, culminating in a total valuation reflected by $890K. The most recent infusion of $540K marks a significant milestone in the company's trajectory, enabling the firm to accelerate its development of advanced drive-by-wire systems. This latest financing round underscores investor confidence in the company's ability to scale its proprietary technology across both defense and academic research sectors.

What is Dataspeed?

Dataspeed
ManufacturingTest & Measurement EquipmentBusiness Services

Dataspeed Inc. operates at the intersection of robotics, artificial intelligence, and automotive engineering. By providing sophisticated drive-by-wire kits, the company enables the conversion of standard vehicles into autonomous research platforms. With a footprint spanning over 500 integrated vehicles, Dataspeed serves as a critical infrastructure provider for universities and military organizations. Their core competency lies in the seamless integration of hardware and software, which facilitates high-fidelity testing environments for autonomous systems. By bridging the gap between theoretical research and practical deployment, the company has established itself as a foundational player in the autonomous vehicle ecosystem, leveraging deep engineering expertise to solve complex mobility challenges.

How much funding has Dataspeed raised?

Dataspeed has raised a total of $890K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$540K

Debt (2020): $350K with participation from PPP

Debt (2021): $540K led by PPP

Key Investors in Dataspeed

PPP

Public-Private Partnership

What's next for Dataspeed?

With the recent capital deployment, Dataspeed is positioned to transition from a specialized research supplier to a broader enterprise-level technology provider. The strategic focus will likely shift toward enhancing the scalability of their By-Wire Kit, potentially expanding into commercial fleet automation and advanced safety testing protocols. As the autonomous vehicle market matures, the company's ability to maintain its technical edge while navigating the regulatory complexities of the defense and education sectors will be paramount. Future growth will likely be driven by deepening partnerships with Tier-1 automotive suppliers and expanding their footprint in global research institutions, ensuring that their hardware remains the industry standard for vehicle-level autonomy.

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Frequently Asked Questions Regarding Dataspeed Financial Insights

What are the most recent funding rounds that Dataspeed has completed, and what were the funding rounds?
Dataspeed has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on May 3, 2020.
What is the total amount of funding Dataspeed has raised to date?
Dataspeed has raised a total of $890K in funding to date.
How many funding rounds has Dataspeed completed?
Dataspeed has completed 2 funding rounds.
How much funding did Dataspeed raise in its most recent funding round?
Dataspeed raised $540K in its most recent funding round.
Who are the lead investors in Dataspeed's latest funding round?
The lead investor in Dataspeed's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Dataspeed's history?
The largest funding round in Dataspeed's history was $540K.
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