In January 2026, the software-defined vehicle (SDV) platform Sibros secured $9 million in a growth financing round. The investment saw significant participation from Niterra Co., Ltd. (formerly NGK Spark Plug), a global leader in automotive components.
The company is led by CEO Hemant Sikaria. Sibros is the developer of the “Deep Connected Platform,” an end-to-end orchestration layer that provides over-the-air (OTA) software updates, remote diagnostics, and deep data logging for the entire vehicle lifecycle.
The automotive industry is facing a critical bottleneck in software management as vehicles become increasingly complex. Sibros addresses this by harmonizing data across all onboard controllers (ECUs). This integrated approach allows manufacturers to deploy critical security patches—utilizing architectures similar to embedded defense systems—and optimize vehicle performance without requiring physical recalls.
The new capital will be used to accelerate the expansion of its platform into new mobility segments, including electric vehicles (EVs) and commercial fleets, while strengthening its strategic partnership with Niterra to bridge the gap between automotive hardware and cloud-based intelligence.
Market Signal
- The Hardware-to-Software Pivot: Niterra’s investment is a textbook “Strategic Alpha” signal. As internal combustion components face long-term decline, hardware giants are pivoting to the software layer. Sibros provides the digital nervous system that makes these traditional players relevant in an autonomous future.
- Standardization of the “Digital Twin”: By providing a unified data layer, Sibros is enabling the true “Digital Twin” for vehicles. This is not just about updates; it’s about scaling AI-driven maintenance and autonomous diagnostics for machine health, allowing for real-time asset optimization.
- The “Connected” Premium: This $9M round validates that “Connectivity” is no longer a feature but a core infrastructure requirement. In a market where vehicle margins are shrinking, the ability to manage AI observability across global fleets is the only path to sustainable profitability for OEMs.
Key Details
- Company: Sibros
- Funding: $9M Growth Financing
- Headquarters: San Jose, CA
- Strategic Investor: Niterra Co., Ltd.
- CEO: Hemant Sikaria
- Use Case: OTA software updates, deep vehicle data logging, and SDV orchestration

