ARPA-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 MorePony.ai raises $100 million more to advance its autonomous vehicle tech
Self-driving car startup Pony.ai today announced it has raised $100 million in an extension of its series C round. The funds bring the...
Read MoreGoodyear Ventures invests in autonomous trucking company TuSimple
Goodyear Ventures has added TuSimple, a global autonomous trucking technology company, to its growing investment portfolio....
Read MoreFord posts strong results, promises big bet on electric and self-driving cars
New York (CNN Business)Ford reported surprisingly good financial results at the end of a tough year, and said it was increasing its...
Read MoreOne of Uber’s earliest investors says the billions it spent on self-driving were a ‘waste of money’
Uber’s food-delivery business has been a massive boon for the company as the pandemic sent ride-hailing revenues down the tubes and...
Read MoreUNT awards grants for autonomous vehicle research
Maurizio Manzo and Hector Siller in the College of Engineering, along with Abdulrahman Habib in the College of Science, were selected by...
Read MoreChina’s Didi raises $300 million for autonomous driving unit
BEIJING (Reuters) – Chinese ride-hailing giant Didi Chuxing said on Thursday it has raised $300 million for its autonomous driving...
Read MoreStarship raises $17 million to send autonomous delivery robots to new campuses
Starship Technologies, a startup developing driverless delivery robots, this morning announced is has raised $17 million and added service...
Read MoreChinese self-driving solutions startup UISEE draws 1B yuan in new funding round
Chinese self-driving solutions startup UISEE Technology has completed a new funding round and raised more than 1 billion yuan ($154...
Read MoreU.S. Xpress invests in autonomous trucking technology company TuSimple
Trucking company U.S. Xpress Enterprises, Inc. has invested in TuSimple, a self-driving technology company bringing to market an...
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