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News, Analysis & Perspective on Autonomous Vehicles

Driverless tech firm extends crowdfunding campaign

Posted on Dec 23, 2020 in Finance, News, Technology

A Birmingham company which is developing driverless vehicle technology has extended its crowdfunding campaign. Conigital has so far raised...

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Chinese autonomous vehicle company WeRide raises $200 mln from bus maker Yutong

Posted on Dec 22, 2020 in Buses, Finance, News

BEIJING: WeRide, a Chinese startup developing autonomous vehicles, said on Wednesday it had raised $200 million from Yutong Group, the...

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Apple inches toward record after report on autonomous car plans

Posted on Dec 22, 2020 in Cars, Finance, News

Apple Inc. rose on Tuesday, with the stock returning to near-record levels after Reuters reported that the company plans to build a...

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Horizon Robotics, a Chinese rival to Nvidia, seeks to raise over $700M

Posted on Dec 22, 2020 in Finance, News, Technology

In their rush to offer alternatives to advanced western chipsets, Chinese semiconductor companies are racking up large fundings from...

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Exclusive: Self-driving startup Ouster nears $1.9 billion deal to go public – sources

Posted on Dec 22, 2020 in Finance, News, Technology

(Reuters) – Ouster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, is nearing a deal to go...

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Cerence receives funding from Germany’s Federal Ministry for Economic Affairs and Energy to drive innovation in automotive assistants for autonomous cars

Posted on Dec 21, 2020 in Finance, News, Technology

BERLIN and BURLINGTON, Mass., Dec. 21, 2020 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today...

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Austin’s Uhnder raises $45M Series C

Posted on Dec 15, 2020 in Finance, News, Technology

Uhnder, a startup looking to transform radar from analog to digital, raised $45 million in a Series C round of funding, the company...

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Innoviz Technologies to be listed on Nasdaq through merger with Collective Growth Corporation

Posted on Dec 14, 2020 in Finance, News, Technology

Innoviz Technologies, a technology leader of high-performance, solid-state LiDAR sensors and perception software, has announced that it...

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Hyundai has bought robot maker Boston Dynamics from SoftBank in a $1.1 billion deal

Posted on Dec 12, 2020 in Finance, News

Hyundai has agreed to buy an 80% stake in robot maker Boston Dynamics from SoftBank, the South Korean automaker said Friday....

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Uber sells self-driving unit to Aurora, takes startup stake

Posted on Dec 8, 2020 in Cars, Finance, News

Uber Technologies Inc. sold its self-driving car division to Aurora Innovation Inc. and took a stake in the startup, pulling back from its...

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New Eagle sponsors Indy Autonomous Challenge

Posted on Dec 7, 2020 in Cars, Finance, News

ANN ARBOR, Mich., Dec. 7, 2020 /PRNewswire/ — Mechatronic control system engineering company New Eagle announced today that the...

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Israeli lidar startup Innoviz in talks to merge with SPAC

Posted on Dec 4, 2020 in Finance, News, Technology

(Bloomberg) — Innoviz Technologies Ltd., an Israeli startup focused on lidar, laser sensors used in autonomous vehicles, is in talks...

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Zenzic rewards five companies with a share of £500,000

Posted on Nov 30, 2020 in Finance, News

Zenzic, a company which connects regulators and innovators in the self-driving sector, has announced the five winners of its CAM Scale-Up...

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Approaching commercialization for its autonomous radar nav system, Lunewave raises $7 million

Posted on Nov 24, 2020 in Finance, News, Technology

Lunewave, the Arizona-based startup developing a novel technology for radars for autonomous vehicles, has raised $7 million in financing...

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Robot truck startup TuSimple said to raise $350 million in biggest funding round to date

Posted on Nov 20, 2020 in Finance, News, Trucks

TuSimple, a startup that’s developing self-driving technology for heavy-duty trucks, has raised about $350 million in a Series E round...

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Autonomous a2z raises US$1.9M in seed round for autonomous driving solution

Posted on Nov 19, 2020 in Finance, News, Technology

SEOUL, South Korea, Nov. 19, 2020 /PRNewswire/ — Autonomous a2z, a member company of Born2Global Centre and Sejong Technopark, has...

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GM ups electric and autonomous vehicle spending to $27 billion through 2025

Posted on Nov 19, 2020 in Finance, News, Technology

General Motors  said it will spend $27 billion over the next five years on the development of electric vehicles and automated technology,...

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UK electric-van startup Arrival to go public in U.S. at $5.4 billion valuation

Posted on Nov 18, 2020 in Cars, Finance, News

LONDON — British electric-van startup Arrival, which is backed by Hyundai and BlackRock, has agreed to merge with CIIG Merger to get...

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Autonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round

Posted on Nov 17, 2020 in Finance, News, Technology

SEOUL, South Korea, Nov. 17, 2020 /PRNewswire/ — MORAI, Inc., a member company of Born2Global Centre and Sejong Technopark, has...

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Inside the industry: Will insurers pay if self-driving cars cause crashes?

Posted on Nov 16, 2020 in Cars, Finance, Perspective

Until recently, I had few qualms about ranking car insurers alongside estate agents and traffic wardens in the pits of my estimation; they...

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