Niterra is also sponsoring Sibros‘ 4th Annual Magic of Mobility Cocktail Reception during CES 2026 SANTA CLARA, Calif.–(BUSINESS WIRE)–#CES–Niterra Co., Ltd. (HeadquartersNiterra is also sponsoring Sibros‘ 4th Annual Magic of Mobility Cocktail Reception during CES 2026 SANTA CLARA, Calif.–(BUSINESS WIRE)–#CES–Niterra Co., Ltd. (Headquarters

Niterra Co., Ltd. Participates in $9M Growth Financing Round for Sibros

Niterra is also sponsoring Sibros‘ 4th Annual Magic of Mobility Cocktail Reception during CES 2026

SANTA CLARA, Calif.–(BUSINESS WIRE)–#CES–Niterra Co., Ltd. (Headquarters: Nagoya, Japan) today announced its participation in the $9M growth funding round for Sibros, a leader in Software-Defined Vehicle (SDV) platforms. Niterra is also sponsoring Sibros’ invite-only 4th Annual Magic of Mobility Cocktail Reception at Spago by Wolfgang Puck during CES 2026, which will be held January 6-9 in Las Vegas.

SDVs combine advanced software and hardware to enhance vehicle performance, compliance, and safety. Automotive OEMs are now challenged with operationalizing software at scale without adding complexity and across development, production, service, and in-field operations. Sibros helps global OEMs maximize the value of their SDVs and product portfolios by providing a flexibly integrated, production-proven platform that unifies vehicle data, diagnostics, software updates, cloud integration, and emerging AI-driven experiences.

“Sibros‘ core value is powering positive change, aiding vehicle OEMs with full-lifecycle software, data, and diagnostic solutions,” said Hemant Sikaria, CEO & co-founder of Sibros. “Our customers gain a competitive advantage using our software through analytics, smarter diagnostics, and enhanced connectivity. Niterra’s investment will help us further advance our technology and expand commercialization opportunities for making vehicles smarter, more reliable, and future‑ready.”

Sibros has been used by more than 30 OEMs deployed on 40 plus architectures. With this investment, the company will further enhance its software, scale commercial operations, and expand its sales and marketing team.

“Niterra Ventures Company of Niterra Co., Ltd. backs innovation that improves life quality through cutting-edge technologies,” said Dirk Schapeler, President of Niterra Ventures Company. “Software-defined vehicles are redefining how we look at transportation, with Sibros leading the industry globally. Our investment in Sibros demonstrates our drive to advance the automotive ecosystem in a way that is scalable and maximizes value, now and in the future.”

About Sibros

Sibros is a global leader in Software‑Defined Vehicle (SDV) management solutions. Its Deep Connected Platform delivers full-vehicle OTA software updates, real-time data collection, predictive diagnostics, and AI-driven analytics, enabling automakers and EV brands to deliver intelligent, secure, and scalable digital vehicle services. For more information, visit www.sibros.tech.

About Niterra

Niterra Co., Ltd. (formerly NGK SPARK PLUG CO., LTD.) is a globally recognized manufacturer founded in 1936, best known for its NGK-branded spark plugs and NTK-branded ceramic products. The company’s consolidated revenues in fiscal 2024 (to March 2025) totalled 652.9 billion yen (4,267 million USD). Niterra has 31 bases in Japan and 62 overseas, and approximately 16,000 employees worldwide. Please visit https://www.niterragroup.com/english/

About Niterra Ventures Company

Niterra Ventures Company is the venture arm of Niterra Co., Ltd., focused on acquiring “New Core Assets” through strategic investments and partnerships. Target investment areas include Medical, Mobility, Industrial IoT, and Energy. Please visit niterraventures.com.

Contacts

Media contact:
Heather Caouette

RAE Communications for Niterra Ventures Company (in Santa Clara, Calif.)

+1 508-579-3894

heatherc@rae-communications.com

Market Opportunity
MAGIC Logo
MAGIC Price(MAGIC)
$0.10507
$0.10507$0.10507
-0.19%
USD
MAGIC (MAGIC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Sharon AI Signs Definitive and Binding Buy-Out Agreement to Divest and Closes its Divestiture of its 50% Ownership Interest in Texas Critical Data Centers LLC For US$70m

Sharon AI Signs Definitive and Binding Buy-Out Agreement to Divest and Closes its Divestiture of its 50% Ownership Interest in Texas Critical Data Centers LLC For US$70m

NEW YORK–(BUSINESS WIRE)–SharonAI Holdings Inc. and its subsidiaries (“Sharon AI”), a leading Australian Neocloud (SHAZ:OTC Markets, SHAZW:OTC Markets), today announced
Share
AI Journal2026/01/19 04:15
Whale Trader Bets $2.14 Million on Dogecoin Surge With 10x Leverage

Whale Trader Bets $2.14 Million on Dogecoin Surge With 10x Leverage

The post Whale Trader Bets $2.14 Million on Dogecoin Surge With 10x Leverage appeared on BitcoinEthereumNews.com. A crypto whale known for selling 255 Bitcoin in
Share
BitcoinEthereumNews2026/01/19 03:53