Leadgentech 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...
Read MoreXiaomi, Baidu invest in China’s autonomous driving developer G-PAL
Beijing (Gasgoo)- Xiaomi-backed venture capital firm and Baidu associated investment company were recently listed as shareholders to...
Read MoreZF invests in Oxbotica to develop autonomous urban shuttles
LONDON, Oct 7 (Reuters) – German automotive industry supplier ZF Friedrichshafen AG will invest in British autonomous vehicle...
Read MoreKyte wants to build the foundation for autonomous rental car delivery
Kyte, a fleet-logistics platform that allows customers to order rental cars delivered right to their doors, has raised a $30 million...
Read MoreWayve, the lidar-free self-driving startup, raises $13.6M from Ocado
Wayve, a U.K.-based self-driving startup that is notable for its use of deep learning and cameras rather than more-costly lidar and other...
Read MoreQualcomm prevails over Magna with $4.5 billion Veoneer deal
Qualcomm Inc. partnered with a newly formed private equity firm on an agreement to acquire Veoneer Inc., ending a lengthy battle between...
Read MoreOuster will buy Sense Photonics, drive for more automotive deals
DETROIT (Reuters) – Lidar developer Ouster Inc said on Tuesday it has agreed to buy solid-state lidar startup Sense Photonics in an...
Read MoreGM-backed Cruise sees robotaxi unit growing past $50 billion
General Motors Co.’s Cruise LLC autonomous vehicle unit will tell investors this week that it sees a path for its ride-hailing business to...
Read MoreGoodyear invests in autonomous trucking company Gatik and collaborates to enhance safety and efficiency for autonomous middle mile logistics
AKRON, Ohio and PALO ALTO, Calif., Sept. 28, 2021 (GLOBE NEWSWIRE) — Goodyear (Nasdaq: GT) and Gatik today announced a multi-year...
Read MoreKPIT Technologies to acquire Future Mobility Solutions for ₹135 crore
KPIT Technologies Ltd on Wednesday said it will acquire Future Mobility Solutions GmbH (FMS) for up to 15.6 million euros (about ₹135...
Read MoreGM invests in Chinese autonomous driving startup Momenta
BEIJING, Sept 23 (Reuters) – General Motors Co (GM.N) said on Thursday it will invest $300 million in Chinese autonomous driving...
Read MoreXiaomi invests in two rounds of Black Sesame financing
Beijing (Gasgoo)- Black Sesame Technologies has completed several hundred million dollars’ worth of strategic round and C-round of...
Read MoreVaccine-carrying drones and self-driving cars: government fund backs cutting-edge innovation
Regulators are clearing the runway for drones to transport vaccines and other live-saving drugs, in a ground-breaking venture funded by...
Read MoreAlibaba leads $300 million investment into Chinese autonomous driving start-up DeepRoute.ai
GUANGZHOU, China — Alibaba has led investments worth more than $300 million into Chinese autonomous driving start-up DeepRoute.ai. The...
Read MoreDriverless delivery vans on the road in two years, says UK tech company StreetDrone
Driverless delivery vans could be operating on UK streets by 2023, if Oxford-based tech company StreetDrone gets its way. High Street...
Read MoreGM invests in Oculii, radar software maker for self-driving cars
SAN FRANCISCO, Sept 13 (Reuters) – General Motors Co’s (GM.N) venture capital arm has invested millions of dollars in Oculii,...
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