M&A Deal Summary

Woven Planet Acquires Renovo.auto

On September 28, 2021, Woven Planet acquired software company Renovo.auto

Acquisition Highlights
  • This is Woven Planet’s 1st transaction in the Software sector.
  • This is Woven Planet’s 3rd transaction in the United States.
  • This is Woven Planet’s 2nd transaction in California.

M&A Deal Summary

Date 2021-09-28
Target Renovo.auto
Sector Software
Buyer(s) Woven Planet
Deal Type Add-on Acquisition

Target

Renovo.auto

Campbell, California, United States
Renovo.auto is an automotive software company and creator of the first commercially available data-management platform that enables automakers to continuously learn from their production vehicles. Renovo.auto was founded in 2010 and is based in Campbell, California.

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Buyer(S) 1

Buyer

Woven Planet

Tokyo, Japan

Category Company
Founded 2021
Sector Business Services
Employees760
DESCRIPTION

Woven Planet mission to design a happier planet through secure, connected mobility solutions. Woven Planet Holdings, Woven Core, Woven Alpha and Woven Capital are transforming how people live, work, and move through new innovations and investment in automated driving, robotics, smart cities, and more. Woven Planet was founded in 2021 and is based in Tokyo, Japan.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-15 CARMERA

Brooklyn, New York, United States

CARMERA is a spatial AI company, built on the revolution of vehicular crowdsourcing and remote sensing to capture street-level change, at the global breadth and high definition depth. CARMERA employs an open systems approach to working with the world’s leading automotive companies, commercial mobility operators, and mapping platforms. CARMERA is based in New York City.

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