Automakers invest in Transit, the app that helps people get around without a car

Automakers invest in Transit, the app that helps people get around without a car Transit, a company that built a mobile app designed to help people in cities live without cars, has raised $17.5 million from two automakers in a Series B round. The round wasled by RenaultNissan-Mitsubishi’s joint investment arm Alliance Ventures.InMotion Ventures, Jaguar Land Rover’s venture capital fund, also joined the round, as well as two past investors, Accel and Real Ventures.

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