South Korea to aid self-driving R&D
The South Korean government said it would make available grants worth KRW1.1trn (US$1bn) over the next seven years to companies developing...
Read MoreUK gov invests £28 million to trial innovative 5G use cases
The UK government has announced a £28 million investment in nine nationwide projects that will trial innovative uses of 5G networks. This...
Read MoreUK on the cusp of a transport revolution, as self-driving vehicles set to be worth nearly £42 billion by 2035
The full economic value of self-driving vehicles in the UK has been revealed, as Transport Minister Rachel Maclean sets out that the...
Read MoreAutonomous vehicle startup WeRide raises $320 million
WeRide, a Guangzhou, China-based startup developing autonomous vehicle systems, this evening announced that it raised a total of $310...
Read MoreAI-powered chip developer Horizon Robotics raises $400 million in latest funding round
The auto industry is truly global. Most vehicles are built with mechanical parts, electronics and other hardware from manufacturers all...
Read MoreOxbotica raises $47M to deploy its autonomous vehicle software in industrial applications
While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of...
Read MoreTeledyne is buying FLIR to create a super-sized sensor shop with thermal and laser vision
Industrial sensor giant Teledyne will acquire FLIR, an Oregon-based company that makes thermal-imaging and night vision technology, the...
Read MoreLidar startup Aeva raises another $200M ahead of its debut as a public company
Aeva, the lidar company started by two former Apple engineers, has raised an additional $200 million in private investment from Hong Kong...
Read MoreChinese robocar maker plans hunt for fresh capital in new year
(Bloomberg) — Beijing Idriverplus Technology Co. plans a fresh fundraising round in the new year and may eye an initial public...
Read MoreDriverless tech firm extends crowdfunding campaign
A Birmingham company which is developing driverless vehicle technology has extended its crowdfunding campaign. Conigital has so far raised...
Read MoreChinese autonomous vehicle company WeRide raises $200 mln from bus maker Yutong
BEIJING: WeRide, a Chinese startup developing autonomous vehicles, said on Wednesday it had raised $200 million from Yutong Group, the...
Read MoreApple inches toward record after report on autonomous car plans
Apple Inc. rose on Tuesday, with the stock returning to near-record levels after Reuters reported that the company plans to build a...
Read MoreHorizon Robotics, a Chinese rival to Nvidia, seeks to raise over $700M
In their rush to offer alternatives to advanced western chipsets, Chinese semiconductor companies are racking up large fundings from...
Read MoreExclusive: Self-driving startup Ouster nears $1.9 billion deal to go public – sources
(Reuters) – Ouster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, is nearing a deal to go...
Read MoreCerence receives funding from Germany’s Federal Ministry for Economic Affairs and Energy to drive innovation in automotive assistants for autonomous cars
BERLIN and BURLINGTON, Mass., Dec. 21, 2020 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today...
Read MoreAustin’s Uhnder raises $45M Series C
Uhnder, a startup looking to transform radar from analog to digital, raised $45 million in a Series C round of funding, the company...
Read MoreInnoviz Technologies to be listed on Nasdaq through merger with Collective Growth Corporation
Innoviz Technologies, a technology leader of high-performance, solid-state LiDAR sensors and perception software, has announced that it...
Read MoreHyundai has bought robot maker Boston Dynamics from SoftBank in a $1.1 billion deal
Hyundai has agreed to buy an 80% stake in robot maker Boston Dynamics from SoftBank, the South Korean automaker said Friday....
Read MoreUber sells self-driving unit to Aurora, takes startup stake
Uber Technologies Inc. sold its self-driving car division to Aurora Innovation Inc. and took a stake in the startup, pulling back from its...
Read MoreNew Eagle sponsors Indy Autonomous Challenge
ANN ARBOR, Mich., Dec. 7, 2020 /PRNewswire/ — Mechatronic control system engineering company New Eagle announced today that the...
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