Carma Technology has filed a patent infringement lawsuit against Uber, alleging the ride-sharing giant infringed on five of its patents. The lawsuit seeks a jury trial, damages, and future royalties from Uber for the use of these patents. Carma, founded in 2007, operated in ride-sharing until pivoting to road-pricing technology. The allegations date back as early as 2016, a booming period for Uber, which had a valuation of $66 billion. The lawsuit's outcome could set important precedents for the ride-sharing industry and the patent landscape.
"Carma has requested a jury trial and is seeking a permanent injunction against the company, mandatory future royalties on any Uber products that infringe on those patents as well as damages, and other costs related to the lawsuit."
"The startup, which was founded just seven years before, had shot into the stratosphere - in terms of valuation, growth, and gravitas."
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