26-year-old CEO takes his autonomous truck company public in $5 billion deal
When Alex Rodrigues started his company Embark Trucks Inc., he couldn’t rent a car without age restrictions. Now 26, Rodrigues becomes one...
Read MoreSelf-driving truck startup Kodiak Robotics raises $125M
Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, has raised $125 million in new capital,...
Read MoreSelf-driving truck startup Plus, Hennessy Capital pull merger on regulatory uncertainty
Nov 8 (Reuters) – Self-driving truck startup Plus and blank-check company Hennessy Capital Investment Corp V (HCIC.O) have called...
Read MoreToyota arm to spend $30 million studying human interactions with mobility, autonomous vehicles
Toyota says it will spend at least $30 million over the next five years, through its Collaborative Safety Research Center, studying how to...
Read MoreWhy MicroVision shares crashed in October
Shares of MicroVision (NASDAQ:MVIS×) fell 31.1% in October 2021, according to data from S&P Global Market Intelligence. The maker of...
Read MoreSelf-driving software developer Aurora goes public
Self-driving technology company Aurora announced it completed its business combination with Reinvent Technology Partners Y, a special...
Read MorePoint One Navigation raises $10M to bring its precise location tech to all vehicles
Drivers who spend any time commuting in a new car or truck have likely experienced ping ponging — a phenomenon when a vehicle equipped...
Read MoreAutonomous driving startup Momenta raises another $500M
In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China,...
Read MoreAurora’s stock listing is a bet on autonomous cars, and on Uber
Facing technical and financial challenges, Uber Technologies Inc. was under pressure last year to bring on new leadership and investors...
Read MoreSpartan Radar raises a total of $25M to help radar compete with lidar tech
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...
Read MoreHoloMatic signs investment agreement with GAC Capital
On 29 October, HoloMatic (Beijing) and Guangzhou Automobile Group Co., Ltd. (GAC Group) signed an agreement in Guangzhou to deepen their...
Read MoreU.S. autonomous delivery startup Nuro raises $600 million for $8.6 billion valuation
Autonomous delivery vehicle maker Nuro raised $600 million in its latest funding round, the Silicon Valley-based startup said on Tuesday,...
Read MoreKorean autonomous driving startup 42dot bags $88.5M Series A to accelerate its growth
42dot, a South Korea-based autonomous transportation-as-a-service (TaaS) startup, announced today it has raised $88.5 million (104 billion...
Read MoreAutobrains announces $101 million Series C funding led by Temasek
TEL AVIV, Israel, Nov. 1, 2021 /PRNewswire/ — Autobrains, developer of first-of-its-kind self-learning artificial intelligence...
Read MoreCyngn Inc. sets IPO at 3.53 million shares; sees pricing at $7.50-$9.50 each
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....
Read MoreLeadgentech secures investments to accelerate its commercialization of autonomous driving buses and feeder logistics
Leadgentech, an autonomous driving technology company, completed a Pre-A round of financing worth tens of millions of yuan in September...
Read MoreCyngn announces closing of initial public offering
Cyngn (or the “Company”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial...
Read MoreAutonomous driving technology firm JIMU Intelligent bags $31 million in C1 financing
Chinese autonomous driving solutions provider JIMU Intelligent on Thursday announced the completion of a C1 round of financing totaling...
Read MoreCyngn prices IPO at $7.50 per share
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...
Read MoreGuess who’s the biggest investor in self-driving tech? It rhymes with Bambung
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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