Sibros has raised $9 million in a growth financing round, with Niterra participating in the investment as the software-defined vehicle (SDV) platform provider looks to expand product capabilities and scale commercialization.
Niterra also said it will sponsor Sibros’ invite-only fourth annual Magic of Mobility Cocktail Reception at Spago by Wolfgang Puck during CES 2026, which runs January 6–9 in Las Vegas.
Sibros provides a production-deployed SDV management platform that unifies vehicle software updates, diagnostics, data collection, and cloud integration, helping automakers operationalize software across development, production, service, and in-field operations. The company said its platform has been used by more than 30 OEMs across more than 40 vehicle architectures.
Proceeds from the $9 million round will be used to further enhance Sibros’ software, scale commercial operations, and expand sales and marketing.
KEY QUOTES:
“Sibros‘ core value is powering positive change, aiding vehicle OEMs with full-lifecycle software, data, and diagnostic solutions. 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.”
Hemant Sikaria, CEO & Co-founder, Sibros
“Niterra Ventures Company of Niterra Co., Ltd. backs innovation that improves life quality through cutting-edge technologies. 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.”
Dirk Schapeler, President, Niterra Ventures Company
