Self-driving trucks startup Kodiak Robotics snags investment, partnership from Bridgestone
Tire-making giant Bridgestone has taken a minority stake in Kodiak Robotics, the Silicon Valley-based startup developing autonomous...
Read MoreGeneral Motors to boost its electric vehicle & autonomous driving investments by 30% to $35 billion
U.S. automaker General Motors has just made one of the biggest financial commitments in its 100+ year history. The company announced on...
Read MoreGM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis
Cruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of...
Read MoreChinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan
The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles....
Read MoreSMRT Ventures, Yinson invest in driverless vehicle start-up
MooVita, a local autonomous vehicle start-up, has secured a multimillion-dollar investment from SMRT Ventures and Malaysia-listed energy...
Read MoreAI pioneer Raquel Urtasun launches self-driving technology startup with backing from Khosla, Uber and Aurora
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...
Read MoreIntel-backed Horizon Robotics weighs $1 billion U.S. IPO
(Bloomberg) — Chinese artificial intelligence-chip startup Horizon Robotics Inc. is considering a U.S. initial public offering which...
Read MoreXiaomi-backed fund invests in autonomous driving startup Zongmu
(Bloomberg) — An investment fund backed by Xiaomi Corp. is among a new slew of investors in Zongmu Technology Shanghai Co. as the...
Read MoreDiDi Autonomous Driving said to close over $3 million funding round
Shanghai (Gasgoo)- DiDi Autonomous Driving, the self-driving technology arm of Didi Chuxing (DiDi), is about to raise over $300 million,...
Read MoreFaction raises $4.3M to deploy 3-wheeled EVs for driverless delivery
Faction Technology founder and CEO Ain McKendrick didn’t have the $1 billion or the time that a typical automotive program might need to...
Read MoreScania Growth Capital invests in sensors for autonomous vehicles
Scania’s corporate venture capital-fund announces investment of € 7,5 million in Scantinel to finance further growth in its specialist...
Read MoreSelf-driving cars raise liability questions for insurers
(TNS) — The advent of self-driving cars is raising questions in the insurance sector about who should pay when the vehicles crash and how...
Read MoreBeep secures $20M Series-A investment from Intel Capital and Blue Lagoon Capital
ORLANDO, Fla., May 26, 2021 /PRNewswire/ — Beep, a provider of multi-passenger, electric, autonomous mobility solutions, announced...
Read MoreLidar startup Innovusion closes $64M round led by Temasek
More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered...
Read MoreWaymo eyes raising up to $4 billion as leaders’ exits sow doubts
Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the...
Read MoreNissan-backed self-driving startup WeRide raises new funds, puts value at $3.3 billion
BEIJING (Reuters) -WeRide, a China-based autonomous driving startup backed by Nissan, Renault and Mitsubishi Motors, said it raised...
Read MoreDriverless truck startup Plus to list in $3.3 billion deal
Self-driving truck startup Plus agreed to merge with special purpose acquisition company Hennessy Capital Investment Corp. V, becoming the...
Read MoreLocal Motors receives investment from GameAbove Mobility to scale American-made autonomous vehicle, Olli
CHANDLER, Ariz., May 6, 2021 /PRNewswire/ — Local Motors, a leader in the design, manufacturing, and deployment of autonomous...
Read MoreOculii looks to supercharge radar for autonomy with $55M round B
Autonomous vehicles rely on many sensors to perceive the world around them, and while cameras and lidar get a lot of the attention, good...
Read MoreAutonomous trucking startup Einride raises $110M ahead of expansion into US
Einride, the Swedish startup known for its unusual-looking electric and autonomous pods that are designed to carry freight, has raised...
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