Kyte 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,...
Read MoreTrucking insurance in the age of automation: Startup Koop Technologies raises $2.5 million seed round
There’s a new player entering the automated trucking scene, addressing a gap in the complex world of vehicle insurance. Koop Technologies,...
Read MoreForetellix closes $32m Series B funding round for ensuring the safe and efficient deployment of automated driving systems
TEL AVIV, Israel, Sept. 1, 2021 /PRNewswire/ — Foretellix, the leading platform provider automating the testing, verification and...
Read MoreGatik expands autonomous box truck operations to Texas with $85 million in new funds
In the two years since Gatik AI came out of stealth, the autonomous vehicle startup has launched pilots with Walmart and Canadian retail...
Read MoreYandex buys Uber out of food-delivery, self-driving venture
Yandex NV is buying out Uber Technologies Inc.’s shares in its food tech, delivery and self-driving businesses and has an option to...
Read MoreChinese self-driving startup FABU.AI secures 100 million yuan in Series B+ funding
Shanghai (Gasgoo)- FABU.AI, a Chinese autonomous driving startup, announced on August 19 it has banked 100 million yuan ($15.438 million)...
Read MoreMasayoshi Son’s SoftBank invests in Chinese driverless delivery van start-up Neolix
SoftBank Group has become the latest investor in Chinese robo-van maker Neolix Technologies, as the Japanese venture capital firm looks...
Read MoreMeituan’s venture capital wing Long-Z invests in Chinese self-driving startup QCraft
Chinese food delivery giant Meituan has invested in autonomous driving startup QCraft’s latest fundraising round of $100 million,...
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