Singapore start-up raises funds from SMRT Ventures, Yinson Holdings to develop driverless vehicle solutions

MooVita is developing a software solution that transforms various vehicle types into autonomous vehicles for different driving conditions and applications.
MooVita is developing a software solution that transforms various vehicle types into autonomous vehicles for different driving conditions and applications.PHOTO: MOOVITA

SINGAPORE - MooVita, a local autonomous vehicle start-up, has secured a multimillion-dollar investment from SMRT Ventures and Malaysia-listed energy infrastructure and tech firm Yinson Holdings.

SMRT Ventures is the corporate venture arm of transport operator SMRT Corporation, which invests in mobility and transport industry companies.

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