Cohda Wireless
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Cohda Wireless - overview
Established
2003
Location
-, SA, Australia
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Australia, Cohda Wireless specializes in advanced Connected Vehicle solutions, focusing on V2X technology that enhances communication between vehicles and infrastructure to improve road safety and efficiency. Cohda Wireless operates in the Connected Vehicle market, providing innovative V2X solutions. Founded in 2003 in Australia, the company has undergone funding rounds, including the latest Series A round, where it raised USD 1. 80 mn from investors such as Epicorp, M-Group, and SciVentures Investments.
The founder of the company is Alex Grant, and the current CEO is Paul Gray. As of January 2024, Cohda Wireless was acquired by Danlaw, Inc. for undisclosed terms, enhancing Danlaw's global presence and safety solutions. Cohda Wireless specializes in innovative Connected Vehicle solutions, focusing on V2X (Vehicle-to-Everything) technology that facilitates communication among vehicles, smart city infrastructure, and vulnerable road users.
Their core offerings include advanced software solutions for Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), and Vehicle-to-Pedestrian (V2P) connections, designed to enhance road safety and efficiency while addressing critical use cases such as reducing traffic accidents. The company primarily serves Tier 1 Automotive Suppliers, Intelligent Transportation Systems (ITS) Equipment Vendors, and Mining Equipment Technology and Services (METS) vendors, with products deployed in North America, Europe, and Asia. Cohda Wireless generated revenue of USD 8,727,331. 50 in 2019 with an EBITDA of USD 1,431,880.
50. The company’s revenue model is built on partnerships and direct sales of its V2X technology solutions, including licensing agreements and subscription models for ongoing support and updates. Their flagship products, like the V2X-Stack and V2X-Locate, are essential for customers integrating vehicle connectivity into existing systems. In January 2024, Cohda Wireless was acquired by Danlaw, Inc.
, a move set to enhance Danlaw's safety solutions and global reach. The funding from their latest Series A round will support the scaling of their innovations and expand their market presence. There are plans to introduce new products that align with the growing demands for safety and connectivity in transportation, although specific release dates have not been provided. Cohda Wireless aims to penetrate additional geographic regions to meet the increasing global demand for smart city technologies and connected vehicle solutions.
Current Investors
SciVentures Investments, Epicorp, M-Group
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts, Social Networking & Communication Platform, Analytics & Performance Software
Website
www.cohdawireless.com
Verticals
Artificial Intelligence, Big Data, IoT (Internet of Things)
Company Stage
Series A
Total Amount Raised
Subscriber access only
Cohda Wireless - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Cohda Wireless | - |
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