Self-driving truck startup TuSimple targets over $8 billion valuation in U.S. IPO
(Reuters) -Self-driving truck startup TuSimple Holdings Inc said on Wednesday it was targeting a valuation of more than $8 billion in its...
Read MoreSelf-driving truck company Plus upsizes recent fundraising to $420 million
Plus (formerly Plus.ai), a leading provider of self-driving truck technology, today announced it has added $220 million in new financing...
Read MoreGermany awarding €10.9M to KelRide autonomous vehicle project
Germany’s Federal Ministry of Transport and Digital Infrastructure is awarding €10.9 million to the KelRide project, which will further...
Read MoreWaveSense announces a $15 million funding round to accelerate autonomous driving using ground penetrating radar
Massachusetts startup WaveSense announced today a $15 million investment round from Rhapsody Venture Partners and Impossible Ventures for...
Read MoreDidi is raising money for self-driving unit at $6 billion value
Ride-hailing giant Didi Chuxing is raising new funds for its self-driving unit as China’s answer to Uber attempts to supercharge growth...
Read MoreNuro raises $500 million in funding round backed by Toyota’s Woven Capital and Chipotle
Nuro, the Mountain View, California, autonomous delivery startup, announced a new investment round from Chipotle and Woven Capital, a...
Read MoreAustralian lidar maker Baraja collects $31M B round to illuminate the future of autonomy
Lidar companies across the planet are going SPAC, but Baraja isn’t in a hurry to go public. The Australian lidar maker has raised a $31...
Read MoreAutonomous driving startup Momenta raises $500 million from SAIC, Toyota, others
BEIJING (Reuters) – Chinese autonomous driving startup Momenta said on Friday it has received $500 million from SAIC Motor, Toyota...
Read MoreCanadian Tire and NuPort Robotics to commercialize Canada’s first automated heavy duty trucking technology
TORONTO, ON / ACCESSWIRE / March 11, 2021 / Canadian National retailer Canadian Tire Corporation (TSX:CTC.A)(TSX:CTC) and Toronto-based...
Read MoreARPA-E awards $18M to 4 teams to optimize vehicle performance and efficiency; NEXTCAR Phase II
The US Department of Energy Advanced Research Projects Agency – Energy (ARPA-E) is awarding $18 million in funding to four projects...
Read MoreWhile eyeing a SPAC, Swedish autonomous EV company Einride nears $75 million in new funding
Swedish autonomous electric vehicle startup Einride is aiming to continue the momentum sparked by partnerships with Oatly and Lidl by...
Read MoreLast-mile delivery robotics company Refraction AI raises $4.2M
Ann Arbor-based Refraction AI announced today that it has raised a $4.2 million seed round. The startup, which debuted on the TechCrunch...
Read MoreByteDance said to invest in Chinese self-driving startup QCraft
Chinese social media titan ByteDance Ltd. is investing in local autonomous driving startup QCraft Inc., according to people familiar with...
Read MoreGatik to winterize self-driving box trucks through partnership with Ontario government
Gatik, a startup developing an autonomous vehicle stack for B2B short-haul logistics, today announced it has secured CAD$9 million (~$7.12...
Read MoreContinental acquires Recogni minority stake
Continental has acquired a minority stake in German-US start-up, Recogni. The company is working on a new chip architecture for object...
Read MoreCapStone Holdings Inc. invests $10M in Perrone Robotics
BONITA SPRINGS, Fla., Feb. 22, 2021 /PRNewswire/ — CapStone Holdings, a business incubator and investment group, is pleased to...
Read MoreAutomotive edge AI chip designer Recogni raises $49m
Recogni has raised $48.9m (€40m) for its AI automotive perception module technology, bringing the total for the US-German company to...
Read MoreFord sells stake in Velodyne, a maker of autonomous-car sensors
Ford Motor Co. has sold off its stake in Velodyne Lidar Inc., a leading maker of sensors being used in the development of self-driving...
Read MorePlus raises $200 million to develop its autonomous truck platform
Plus, a startup developing autonomous truck technology, today announced it has completed a $200 million series B round led by new...
Read MoreSwift Navigation raises $50 million Series C round to accelerate consumer adoption of automotive safety and precise navigation applications across the globe
SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation...
Read More