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News, Analysis & Perspective on Autonomous Vehicles

Chinese autonomous driving startup MINIEYE completes D1 funding round

Posted on Jul 7, 2021 in Finance, News, Technology

Shanghai (Gasgoo)- Chinese autonomous driving technology developer MINIEYE recently completed its Series D1 funding, which was led by CICC...

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Ghost raises $100M Series D for autonomous driving and crash prevention tech

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

Autonomous driving system developer Ghost Locomotion has raised a $100 million Series D funding round, led by Sutter Hill Ventures....

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Chinese autonomous driving company Holomatic completes B1 round of financing

Posted on Jun 29, 2021 in Finance, News, Technology

Holomatic, an autonomous driving technology company, announced today that it has completed the B1 round of financing with investors...

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Funding is pouring in to companies trying to crack self-driving tech

Posted on Jun 24, 2021 in Finance, Knowledge Center, Perspective, Videos & Podcasts

The self-driving software firm Embark Trucks said Wednesday it plans to go public in a deal that would raise more than $600 million and...

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BMW i Ventures invests in autonomous truck technology company Kodiak Robotics

Posted on Jun 24, 2021 in Finance, News

BMW’s Silicon Valley-based venture capital arm is investing in Kodiak Robotics, a company that develops autonomous trucking technology....

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Self-driving startup WeRide deepens ties with Nissan, raises $310 mln

Posted on Jun 23, 2021 in Finance, News

  BEIJING, June 23 (Reuters) – WeRide, a China-based autonomous driving startup, said on Wednesday that it would deepen development...

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Self-driving truck startup Embark to go public in $5.2 billion SPAC deal

Posted on Jun 22, 2021 in Finance, News, Trucks

Embark Trucks Inc. is merging with a special-purpose acquisition company to go public in a deal that values the self-driving truck startup...

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Exclusive: Quanergy nears China-backed SPAC deal to go public

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

June 21 (Reuters) – Quanergy Systems Inc, a supplier of self-driving car technology, is nearing a deal to go public through a merger...

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Alphabet’s self-driving car company Waymo announces $2.5 billion investment round

Posted on Jun 16, 2021 in Cars, Finance, News

Google sibling company Waymo announced Wednesday a $2.5 billion investment round, which will go toward advancing its autonomous driving...

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Self-driving trucks startup Kodiak Robotics snags investment, partnership from Bridgestone

Posted on Jun 16, 2021 in Finance, News, Trucks

Tire-making giant Bridgestone has taken a minority stake in Kodiak Robotics, the Silicon Valley-based startup developing autonomous...

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General Motors to boost its electric vehicle & autonomous driving investments by 30% to $35 billion

Posted on Jun 16, 2021 in Finance, News

U.S. automaker General Motors has just made one of the biggest financial commitments in its 100+ year history. The company announced on...

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GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis

Posted on Jun 16, 2021 in Cars, Finance, News

Cruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of...

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Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan

Posted on Jun 10, 2021 in Finance, News, Technology

The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles....

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SMRT Ventures, Yinson invest in driverless vehicle start-up

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

MooVita, a local autonomous vehicle start-up, has secured a multimillion-dollar investment from SMRT Ventures and Malaysia-listed energy...

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AI pioneer Raquel Urtasun launches self-driving technology startup with backing from Khosla, Uber and Aurora

Posted on Jun 8, 2021 in Finance, News, Trucks

One of the lingering mysteries from Uber’s sale of its Uber ATG self-driving unit to Aurora has been solved. Raquel Urtasun, the AI...

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Intel-backed Horizon Robotics weighs $1 billion U.S. IPO

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

(Bloomberg) — Chinese artificial intelligence-chip startup Horizon Robotics Inc. is considering a U.S. initial public offering which...

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Xiaomi-backed fund invests in autonomous driving startup Zongmu

Posted on Jun 3, 2021 in Finance, News

(Bloomberg) — An investment fund backed by Xiaomi Corp. is among a new slew of investors in Zongmu Technology Shanghai Co. as the...

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DiDi Autonomous Driving said to close over $3 million funding round

Posted on Jun 2, 2021 in Finance, News

Shanghai (Gasgoo)- DiDi Autonomous Driving, the self-driving technology arm of Didi Chuxing (DiDi), is about to raise over $300 million,...

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Faction raises $4.3M to deploy 3-wheeled EVs for driverless delivery

Posted on Jun 2, 2021 in Finance, News

Faction Technology founder and CEO Ain McKendrick didn’t have the $1 billion or the time that a typical automotive program might need to...

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Scania Growth Capital invests in sensors for autonomous vehicles

Posted on May 27, 2021 in Finance, News, Technology

Scania’s corporate venture capital-fund announces investment of € 7,5 million in Scantinel to finance further growth in its specialist...

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