Goodyear invests in wireless communications startup Nova Labs
The Goodyear Tire & Rubber Co. has taken a stake in decentralized wireless communications company Nova Labs.
The company didn’t disclose the amount of its investment in Nova Labs, which changed its name from Helium Inc.
Goodyear (Nasdaq: GT) said it participated in Nova Lab’s series D financing round, which Axios reported raised $200 million at a $1.2 billion valuation.
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Story excerpt provided by Cleveland Business Journal.
Written by I-Chun Chen.
Originally published March 30, 2022.
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