UVeye Raises $100 Million for AI-Powered Car Inspections (1)

UVeye, a company that uses artificial intelligence for vehicle inspections, has raised $100 million from investors including General Motors Co. and CarMax Inc.

The Series D round was led by Hanaco Ventures, a venture firm based in New York and Tel Aviv, and brings UVeye’s total funds raised to $200 million, the company plans to announce Tuesday. The deal values UVeye at about $800 million, said a person familiar with the matter, who asked not to be identified discussing private information. The company last raised money in 2021 at a valuation of $300 million to $500 million, Bloomberg ...