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Faction

23 employees

Faction is a software company that develops driverless solutions based on light electric vehicles.

Basic info

Industry

software development

Sectors

EV
Ride Sharing
Autonomous Vehicles
Logistics
Robotics
Electric Vehicles
Transportation
Automotive
Software
Self Driving

Date founded

2020

Funding rounds raised

Total raised

$5.8M

from 6 investors over 6 rounds

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Faction raised $100K on June 20, 2022

Investors: LG NOVA

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Faction raised undisclosed on December 20, 2021

Investors: TDK Ventures

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Faction raised $5.8M on March 23, 2021

Investors: Trucks Venture Capital, TDK Ventures, Soma Capital and Y Combinator

FAQ