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You are here: Home / News / UVeye Secures $60 Million in New Investments

UVeye Secures $60 Million in New Investments

July 22, 2021 By CollisionWeek Editor

CarMax, W.R. Berkley Corporation and F.I.T. Ventures among UVeye’s Series C Investors.

UVeye, a supplier of high-speed vehicle inspection systems for the auto industry, has obtained $60 million in additional funding to support its global expansion plans.

CarMax, W.R. Berkley Corporation and F.I.T. Ventures are among the participants in UVeye’s Series C funding round. CarMax, the largest used-car retailer in the U.S., joins a UVeye group of investors that already includes Volvo Cars, Hyundai Motors and Toyota Tsusho.

W.R. Berkley Corporation, also a participant in previous investment rounds, is a Fortune 500 company and one of the largest commercial insurance

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