- Goodyear Tire & Rubber Co GT said its venture capital arm, Goodyear Ventures, recently participated in Nova Lab's series D financing round. The financial details of the investment were not disclosed.
- The investment allows Goodyear to collaborate on efficient and accessible connectivity solutions, as connected mobility plays a vital role in the future of transportation.
- Nova Labs is a founder of the core technologies powering the Helium Network, which provides public, long-range wireless coverage for many Internet of Things (IoT) devices, such as smart bikes and scooters, home delivery systems, and more.
- Price Action: GT shares are trading lower by 0.54% at $14.78 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
