The Marketing Minute: Marketing With Layers
The Right Approach: Electro-Tek—A Williams Family Legacy, Part 1
It’s Only Common Sense: If You’re Not Differentiated, You’re Dead
Woven Capital Invests in Ridecell to Accelerate Global Growth in IoT-driven Automation
June 17, 2021 | ToyotaEstimated reading time: 1 minute
Woven Capital, L.P. announced that it has made an investment in Ridecell Inc., a leading platform powering digital transformations and IoT automation for fleet-driven businesses. Woven Capital is an $800 million global investment fund that supports innovative, growth-stage companies in mobility, automation, artificial intelligence, data and analytics, connectivity, and smart cities. It is the investment arm of the Woven Planet Group, a Toyota subsidiary which is dedicated to building the safest mobility in the world. Along with the investment, Ridecell and the Woven Planet Group will explore collaborative opportunities in mobility service operations.
"Ridecell is accelerating the digital transformation of a key part of the mobility industry?creating a comprehensive platform that connects fleets and automates workflow at scale," said Michiko Kato, Principal, Woven Capital. "We are excited to invest in Ridecell and explore collaborative opportunities together, as we continue to focus on innovative technology that delivers safe, secure, efficient, and seamless mobility for all."
"This investment with Woven Capital will be highly strategic as Ridecell continues to expand into new markets," said Aarjav Trivedi, founder, and CEO of Ridecell. "We are excited to have Woven Capital as our investor to bring Ridecell automation and mobility innovations that use automation and digital vehicle control to help create safe and secure mobility."
Ridecell's automation and mobility platform allows businesses to create a unified view of their vehicle fleets from deployed telematics, fleet management, and internal systems and use the consolidated insights to automate business and operational workflows. The platform furthers digital transformation and turns data overload into automated and efficient business operations.
Share on:
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
Start Campus, Nscale Drive Europe’s First NVIDIA Blackwell Ultra AI Deployment
10/15/2025 | BUSINESS WIREStart Campus, in partnership with Nscale, announces one of the European Union’s first deployments of NVIDIA GB300 NVL72 platform at its SIN01 data centre in Sines, Portugal.
SAMI Advanced Electronics Company Launches “Remal” Computer Manufacturing Project in Partnership with HP and Foxconn
10/15/2025 | SAMI-AECSAMI Advanced Electronics Company (SAMI-AEC), a wholly owned subsidiary of Saudi Arabian Military Industries (SAMI), proudly announced the launch of the “Remal” project for computer manufacturing, in strategic partnership with HP and Foxconn.
Western Digital Opens Expanded System Integration Test Lab to Accelerate Innovation in the AI and Cloud Era
10/14/2025 | BUSINESS WIREWestern Digital, the backbone of the AI-driven data economy, announced the opening of its expanded System Integration and Test (SIT) Lab, a state-of-the-art 25,600 square foot facility designed to accelerate customer success and unlock faster time to value.
Keysight Enables 6G Digital Twin Research at the University of Texas at Austin
10/13/2025 | Keysight Technologies, Inc.Keysight Technologies, Inc., announced that 6G@UT at the University of Texas at Austin (UT Austin) has selected Keysight’s 6G solutions to advance research in digital twins for wireless and autonomous systems.
Trio Wins Nobel Prize for Groundbreaking Quantum Physics Experiments
10/08/2025 | I-Connect007 Editorial TeamU.S.-based scientists John Clarke, Michel Devoret, and John Martinis have won the 2025 Nobel Prize in Physics for “experiments that revealed quantum physics in action.” Reuters reported. Their work laid the foundation for the next generation of digital technologies, the Royal Swedish Academy of Sciences announced on Oct. 7.