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hoopo, Los Angeles, announced a $3.5 million funding round from Chartered HighTech JIHTV1 fund, Singapore; TAU Ventures, Israel; and Global IoT Technology Ventures (GiTV), Japan, totaling $5 million from previous rounds from initial investors.
Through a combination of new technology and old-fashioned common sense, the number of hours a vehicle sits at the repair shop can be minimized, reducing costs and allowing the driver to continue earning revenue.