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News, Analysis & Perspective on Autonomous Vehicles

26-year-old CEO takes his autonomous truck company public in $5 billion deal

Posted on Nov 11, 2021 in Finance, News, Trucks

When Alex Rodrigues started his company Embark Trucks Inc., he couldn’t rent a car without age restrictions. Now 26, Rodrigues becomes one...

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Self-driving truck startup Kodiak Robotics raises $125M

Posted on Nov 10, 2021 in Finance, News, Trucks

Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, has raised $125 million in new capital,...

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Self-driving truck startup Plus, Hennessy Capital pull merger on regulatory uncertainty

Posted on Nov 9, 2021 in Finance, News, Trucks

Nov 8 (Reuters) – Self-driving truck startup Plus and blank-check company Hennessy Capital Investment Corp V (HCIC.O) have called...

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Toyota arm to spend $30 million studying human interactions with mobility, autonomous vehicles

Posted on Nov 9, 2021 in Finance, News, Technology

Toyota says it will spend at least $30 million over the next five years, through its Collaborative Safety Research Center, studying how to...

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Why MicroVision shares crashed in October

Posted on Nov 8, 2021 in Finance, Perspective

Shares of MicroVision (NASDAQ:MVIS×​) fell 31.1% in October 2021, according to data from S&P Global Market Intelligence. The maker of...

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Self-driving software developer Aurora goes public

Posted on Nov 8, 2021 in Finance, News

Self-driving technology company Aurora announced it completed its business combination with Reinvent Technology Partners Y, a special...

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Point One Navigation raises $10M to bring its precise location tech to all vehicles

Posted on Nov 8, 2021 in Finance, News, Technology

Drivers who spend any time commuting in a new car or truck have likely experienced ping ponging — a phenomenon when a vehicle equipped...

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Autonomous driving startup Momenta raises another $500M

Posted on Nov 5, 2021 in Cars, Finance, News

In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China,...

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Aurora’s stock listing is a bet on autonomous cars, and on Uber

Posted on Nov 4, 2021 in Cars, Finance, Perspective

Facing technical and financial challenges, Uber Technologies Inc. was under pressure last year to bring on new leadership and investors...

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Spartan Radar raises a total of $25M to help radar compete with lidar tech

Posted on Nov 3, 2021 in Finance, News, Technology

Take a dollop of machine learning, a handful of radar sensors and a market that is clamoring for autonomous cars not mowing down hordes of...

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HoloMatic signs investment agreement with GAC Capital

Posted on Nov 2, 2021 in Finance, News, Technology

On 29 October, HoloMatic (Beijing) and Guangzhou Automobile Group Co., Ltd. (GAC Group) signed an agreement in Guangzhou to deepen their...

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U.S. autonomous delivery startup Nuro raises $600 million for $8.6 billion valuation

Posted on Nov 2, 2021 in Finance, News

Autonomous delivery vehicle maker Nuro raised $600 million in its latest funding round, the Silicon Valley-based startup said on Tuesday,...

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Korean autonomous driving startup 42dot bags $88.5M Series A to accelerate its growth

Posted on Nov 2, 2021 in Finance, News, Technology

42dot, a South Korea-based autonomous transportation-as-a-service (TaaS) startup, announced today it has raised $88.5 million (104 billion...

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Autobrains announces $101 million Series C funding led by Temasek

Posted on Nov 1, 2021 in Finance, News, Technology

TEL AVIV, Israel, Nov. 1, 2021 /PRNewswire/ — Autobrains, developer of first-of-its-kind self-learning artificial intelligence...

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Cyngn Inc. sets IPO at 3.53 million shares; sees pricing at $7.50-$9.50 each

Posted on Oct 30, 2021 in Finance, News, Technology

Cyngn Inc. on Thursday said it plans to sell nearly 3.53 million shares at between $7.50 and $9.50 apiece in its initial public offering....

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Leadgentech secures investments to accelerate its commercialization of autonomous driving buses and feeder logistics

Posted on Oct 27, 2021 in Buses, Finance, News, Technology

Leadgentech, an autonomous driving technology company, completed a Pre-A round of financing worth tens of millions of yuan in September...

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Cyngn announces closing of initial public offering

Posted on Oct 22, 2021 in Finance, News, Technology

Cyngn (or the “Company”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial...

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Autonomous driving technology firm JIMU Intelligent bags $31 million in C1 financing

Posted on Oct 21, 2021 in Finance, News

Chinese autonomous driving solutions provider JIMU Intelligent on Thursday announced the completion of a C1 round of financing totaling...

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Cyngn prices IPO at $7.50 per share

Posted on Oct 19, 2021 in Finance, News, Technology

Cyngn Inc. on Tuesday said it was pricing its initial public offering of 3.5 million shares at $7.50 per share, the low end of the...

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Guess who’s the biggest investor in self-driving tech? It rhymes with Bambung

Posted on Oct 12, 2021 in Finance, Perspective

Every year, more and more money is being poured into driverless car tech, with car makers and other huge corporations betting that this’ll...

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