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News, Analysis & Perspective on Autonomous Vehicles

Berlin-based Xavveo secures over €7.9 million to enhance autonomous vehicle safety

Posted on Nov 5, 2024 in Finance, Technology

Xavveo a Berlin-based startup secured €7.9 million aiming to redefine safety and reliability in autonomous driving through its pioneering...

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Chinese autonomous driving firm DeepRoute.ai raises US$100 million as adoption accelerates

Posted on Nov 4, 2024 in Finance

Chinese autonomous driving technology developer DeepRoute.ai has raised US$100 million from an carmaker, the company said on Monday, as it...

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Toyota, NTT plan US$3.27 billion outlay on mobility AI system for autonomous driving

Posted on Oct 31, 2024 in Finance, News

The mobility AI platform is envisioned to support autonomous driving, while targeting a reduction of traffic accidents to zero....

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Alphabet’s Waymo closes $5.6 bln funding to expand autonomous ride-hailing service

Posted on Oct 25, 2024 in Finance, News

Alphabet’s (GOOGL.O), opens new tab self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the...

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US autonomous truck startup Outrider raises $62 mln to scale up

Posted on Oct 24, 2024 in Finance

U.S. self-driving truck firm Outrider said on Thursday it had raised $62 million from investors to scale up autonomous truck services in...

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Vay, Europe’s first startup to operate driverless vehicles on public roads lands €34M from EIB financing

Posted on Oct 17, 2024 in Finance, News

Europe has emerged as a significant player in the global driverless technology market, with countries like Germany, the UK, and France...

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Vueron Technology secures US$17million in Series-A funding

Posted on Sep 10, 2024 in Finance

Vueron Technology, a leader in LiDAR-based autonomous driving and advanced driver assistance systems (ADAS), announced on September 10...

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Fresh funding boost for UK autonomous driving startups

Posted on Sep 5, 2024 in Finance, News

Six British autonomous vehicle startups are set to receive a share of a £600,000 grant pot to accelerate the self-driving sector....

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UK’s Wayve secures strategic investment from Uber to further develop self-driving tech

Posted on Aug 29, 2024 in Finance, News, Technology

Uber is making a strategic investment into Wayve as an extension of the U.K.-born startup’s previously announced $1.05 billion Series C...

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Self-Driving Tech Company Raises Another $483 Million

Posted on Aug 18, 2024 in Finance, News

Self-driving tech company Aurora Innovation has raised $483 million in a sale of shares. Aurora Innovation is prioritizing the...

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Self-driving truck startup Aurora Innovation to sell up to $420M in shares ahead of commercial launch

Posted on Aug 1, 2024 in Finance, News

Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races toward a...

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Baidu Selects Hesai in $300M Deal to Supply Lidar for Self-Driving Taxis

Posted on Jul 23, 2024 in Finance, News

Chinese company Hesai has won an exclusive deal to supply long-range lidar for Baidu’s next-generation self-driving taxi....

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  Google parent company to invest another $5 billion into Waymo

Posted on Jul 23, 2024 in Finance

Alphabet, Google’s (GOOGL) parent company, today announced another round of investments into its self-driving car unit....

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EIB supports ZF in developing advanced braking and steering for cars

Posted on Jul 17, 2024 in Finance, Technology

The European Investment Bank (EIB) is providing a promotional loan of €425 million to German automotive supplier ZF Friedrichshafen AG....

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LG Innotek aims to grow its Vehicle Sensing Solution business into a 1.4 billion USD operation by 2030

Posted on Jul 3, 2024 in Finance, Markets

LG Innotek (CEO Moon Hyuksoo) is poised to accelerate growth in the vehicle sensing solution business by leveraging its leading-edge...

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QCraft revs up its fundraising in autonomous driving race for cash

Posted on Jun 26, 2024 in Finance

The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round....

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Bitsensing raises $25M for its high-resolution radar in autonomous driving

Posted on Jun 18, 2024 in Finance, News

The startup says its 4D imaging radar is not just for autonomous driving but can also be applied to smart cities and digital healthcare,...

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Waabi secures $200M for AI-powered autonomous trucks, targets 2025 launch

Posted on Jun 18, 2024 in Finance, News

Canadian autonomous truck startup Waabi Innovation Inc. announced today that it has raised $200 million in new funding to support its...

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China EV leader BYD to invest $14bn in self-driving tech

Posted on Jun 12, 2024 in Finance, News

Chinese electric vehicle maker BYD plans to invest 100 billion yuan ($13.8 billion) in areas related to autonomous driving, Chairman Wang...

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GM pumps $850 million in Cruise to keep struggling robotaxi company afloat

Posted on Jun 11, 2024 in Finance, News

The company is expanding its manual testing to Houston as it slowly inches its way back to driverless operations following a pedestrian...

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