A Manchester-based connected vehicle data company has secured a boost worth almost $16m.
Wejo Group, which floated on the Nasdag last year in a move that valued it at $800m, has completed a self-arranged $15.9m private investment in public equity (PIPE).
It was anchored by Sompo International Holdings, one of its major commercial partners, as well as current investors and certain members of Wejo’s board.