Nexar raises $30 million for AI dashcam app

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Nexar, a dashcam recording app that uses artificial intelligence (AI) to analyze road conditions and warn of hazardous events, has raised $30 million in a series B round of funding led by Ibex Investors, with participation from Alibaba Innovation Ventures, Mosaic Ventures, Nationwide Insurance, Aleph, Slow Ventures, True Ventures, and Tusk Ventures.

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