Horizon 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...
Read MoreIsraeli lidar startup Innoviz in talks to merge with SPAC
(Bloomberg) — Innoviz Technologies Ltd., an Israeli startup focused on lidar, laser sensors used in autonomous vehicles, is in talks...
Read MoreZenzic rewards five companies with a share of £500,000
Zenzic, a company which connects regulators and innovators in the self-driving sector, has announced the five winners of its CAM Scale-Up...
Read MoreApproaching commercialization for its autonomous radar nav system, Lunewave raises $7 million
Lunewave, the Arizona-based startup developing a novel technology for radars for autonomous vehicles, has raised $7 million in financing...
Read MoreRobot truck startup TuSimple said to raise $350 million in biggest funding round to date
TuSimple, a startup that’s developing self-driving technology for heavy-duty trucks, has raised about $350 million in a Series E round...
Read MoreAutonomous a2z raises US$1.9M in seed round for autonomous driving solution
SEOUL, South Korea, Nov. 19, 2020 /PRNewswire/ — Autonomous a2z, a member company of Born2Global Centre and Sejong Technopark, has...
Read MoreGM ups electric and autonomous vehicle spending to $27 billion through 2025
General Motors said it will spend $27 billion over the next five years on the development of electric vehicles and automated technology,...
Read MoreUK electric-van startup Arrival to go public in U.S. at $5.4 billion valuation
LONDON — British electric-van startup Arrival, which is backed by Hyundai and BlackRock, has agreed to merge with CIIG Merger to get...
Read MoreAutonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round
SEOUL, South Korea, Nov. 17, 2020 /PRNewswire/ — MORAI, Inc., a member company of Born2Global Centre and Sejong Technopark, has...
Read MoreInside the industry: Will insurers pay if self-driving cars cause crashes?
Until recently, I had few qualms about ranking car insurers alongside estate agents and traffic wardens in the pits of my estimation; they...
Read MoreVW boosts investment in electric and autonomous car technology to $86 billon
BERLIN (Reuters) – Volkswagen has raised its planned investment on digital and electric vehicle technologies to 73 billion euros...
Read MoreSelf-driving delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce
(Reuters) – Self-driving delivery company Nuro, whose R2 unit has no pedals or steering wheel and only room for packages, said...
Read MoreChinese autonomous truck startup Inceptio raises $120 mln from CATL, others
SHANGHAI: China’s Inceptio Technology, a startup developing self-driving trucks, said on Monday it has raised $120 million in its...
Read More