Waymo’s first external fundraising round just grew to $3 billion
Waymo’s first external fundraising round, initially expected to bring in $2.25 billion for the self-driving company, just grew to $3...
Read MoreVCs are gearing up for a post-pandemic auto industry
It’s been a nerve-wracking few years for the traditional auto industry given the surge of ride-hailing startups and the expansion of Tesla...
Read MoreVolkswagen trucks boss sees autonomous investments under pressure
FRANKFURT: Autonomous vehicle technologies will be among the first to be starved of investment as the auto and truck industry seeks to...
Read MoreIntel to buy smart urban transit startupMoovit for $1B to boost its autonomous car division
Some big M&A is afoot in Israel in the world of smart transportation. According to multiple reports and sources that have contacted...
Read MoreTesla confirms self-driving as a subscription service but brace yourself for the price
Tesla has confirmed that it will offer its Full Self-Driving package (FSD) as a subscription service, but you should brace yourself for...
Read MoreTesla is working on pay-as-you-go subscription to its self-driving package
Tesla is working on a pay-as-you-go subscription to its “Full Self-Driving Capability” package in order to make its features more...
Read MoreChinese self-driving truck startupInceptio raises $100 mln -sources
BEIJING/SHANGHAI, April 27 (Reuters) – China’s Inceptio Technology, a startup developing self-driving trucks, has raised $100...
Read MoreDXC steps up autonomous driving efforts with CMORE buyout
Luxoft, the digital strategy and software engineering arm of DXC Technology Company DXC, recently announced the completion of the...
Read MoreQcraft raises over $24 million to train autonomous vehicle systems in simulation
Qcraft, a robotics startup focused on autonomous vehicle (AV) development, this morning announced it has raised over $24 million in seed...
Read MorePhantom AI raises $22 million to develop ADAS products
Phantom AI, a startup developing advanced driver-assistance systems (ADAS) for cars and trucks, today announced that it has raised $22...
Read MoreDASA awards £2m to fast-track autonomous vehicles in harsh conditions
The Defence and Security Accelerator (DASA) can today announce it has awarded 21 contracts worth a total £2.1 million to boost how...
Read MoreDOT Opens Funding Opportunity for University Transportation Centers
The U.S. Department of Transportation recently announced a competitive grant solicitation that makes nearly $5 million available as part...
Read MoreSeegrid raises $25 million for autonomous industrial vehicles
Seegrid, a company that builds autonomous industrial vehicles for transporting materials, has raised $25 million in a round of equity...
Read MoreArlington gets $1.7M for Via Rideshare to provide free rides for UTA, integrate autonomous vehicles
The City of Arlington recently received an almost $1.7M Integrated Mobility Innovation grant from the Federal Transit Administration to...
Read MoreHelm.ai raises $13M on its unsupervised learning approach to driverless car AI
Four years ago, mathematician Vlad Voroninski saw an opportunity to remove some of the bottlenecks in the development of autonomous...
Read MoreSoftBank nears deal to invest in Didi’s self-driving unit: The Information
(Reuters) – SoftBank Group Corp is close to finalizing a deal to lead a $300 million investment in the autonomous driving unit of...
Read MoreLiDAR start-up Blickfeld closes Series A with participation of Continental and Wachstumsfonds Bayern
Munich-based LiDAR start-up Blickfeld has completed its Series A financing round. The new financing was led by the venture capital unit of...
Read MoreHow to lease an autonomous delivery van
Something happened on the way to robotaxis taking over the world. The timeline to transport people without a human driver, particularly...
Read MoreUSDOT announces $20.3 million grant to improve transport with innovation
The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) has announced approximately $20.3 million in grant...
Read MoreWaymo funding shows long road to AVs
There can be no doubt: The development of autonomous vehicles is going to require more — way more — time and money than people thought...
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