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News, Analysis & Perspective on Autonomous Vehicles

Baraja raises $32 million for autonomous vehicle lidar with prism-like optics

Posted on Jan 3, 2019 in Cars, Finance, News

Lidar startup Baraja has raised $32 million in a series A round of funding led by Sequoia China and Main Sequence Ventures’ CSIRO...

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U.S. Department of Transportation announces Notice of Funding Opportunity for automated driving system demonstration grants

Posted on Dec 21, 2018 in Buses, Cars, Finance, News, Trucks

The U.S. Department of Transportation (USDOT) today announced up to $60 million in federal grant funding for projects that test the safe...

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BlackBerry profit beats as bets on autonomous technology pay off

Posted on Dec 20, 2018 in Cars, Finance, News

Canada’s BlackBerry Ltd reported a quarterly profit that beat analysts’ estimates on Thursday, as the company’s focus on...

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Audi vs. Tesla? German automaker pouring billions into electric

Posted on Dec 15, 2018 in Cars, Finance, News

Volkswagen (VLKAY) might have lost a number of customers after its emissions-cheating scandal in 2015. But the automaker isn’t...

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RTC, City of Las Vegas land $5M grant for autonomous vehicle project

Posted on Dec 12, 2018 in Buses, Finance, News

The Regional Transportation Commission of Southern Nevada (RTC) and the City of Las Vegas received a $5.3 million grant from the Federal...

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DENSO invests nearly $100 million in startups to advance mobility

Posted on Dec 6, 2018 in Cars, Finance, News

DENSO, the world’s second largest mobility supplier, has invested nearly $100 million over a four-year period in startup companies around...

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Audi to spend nearly $16 billion on self-driving car tech, electrification through 2023

Posted on Dec 4, 2018 in Cars, Finance, News

Audi, the German luxury automaker under VW Group, said Tuesday it will invest €14 billion ($15.95 billion) over the next five years on...

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Denso acquires stake in Infineon

Posted on Nov 26, 2018 in Cars, Finance, News

According to Infineon, the two companies have been working together for a long time and now want to strengthen their cooperation....

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West Midlands driverless cars project wins £19m boost

Posted on Nov 24, 2018 in Cars, Finance, News

More roads in the West Midlands will be used to test driverless cars as part of a £19m grant. The money has come from the...

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AEye raises $40M to build autonomous car sensor that sees better than humans

Posted on Nov 19, 2018 in Cars, Finance, News

AEye is a computer vision start-up that believes everyone else is doing solid-state LiDar wrong. Current LiDar systems are mechanical,...

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Volkswagen to spend €44 bln by 2023 to develop electric, self-driving vehicles

Posted on Nov 17, 2018 in Cars, Finance, News

The Volkswagen Group said that it will spend almost 44 billion euros on e-mobility, autonomous driving, new mobility services and...

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AdaSky raises $20 million to build far-infrared sensor for autonomous cars

Posted on Nov 15, 2018 in Cars, Finance, News

In October 2017, two-year-old Israeli startup AdaSky emerged from stealth with what it claimed was the first far-infrared (FIR) thermal...

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Apex.AI raises $15.5 million for autonomous-vehicle software

Posted on Nov 15, 2018 in Cars, Finance, News

Apex.AI is emerging out of stealth today with quite the claim — an operating system for autonomous vehicles that will never fail. Founded...

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Ridecell expands funding round for autonomous ride-hailing platform to $60 million

Posted on Nov 13, 2018 in Cars, Finance, News

Car-sharing, ride-sharing, and ride-hailing companies have something in common: They rely on fairly sophisticated backends to keep fleets...

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Hyundai invests in startup to bring deep learning technology to autonomous cars

Posted on Nov 6, 2018 in Cars, Finance, News

Aiming to bring deep learning (DL) technology to autonomous cars, Hyundai Center for Robotic-Augmented Design in Living Experience...

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DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

Posted on Nov 1, 2018 in Cars, Finance, News

As car and tech companies continue to make inroads on vehicles and services to build autonomous driving systems, a startup that is...

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Chinese self-driving car startup raises $1 billion in funding

Posted on Oct 23, 2018 in Cars, Finance, News

Momenta, a Chinese-based automotive startup, is the latest in a series of car manufacturers to raise significant amounts of funding in an...

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ZF takes 35 percent stake in autonomous driving specialist ASAP

Posted on Oct 19, 2018 in Cars, Finance, News

Car parts maker ZF Friedrichshafen said on Friday it acquired a 35 percent stake in ASAP, a Germany-based maker of software and testing...

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Cognata raises $18.5 million to grow its autonomous vehicle simulation platform

Posted on Oct 17, 2018 in Cars, Finance, News

Alphabet’s self-driving technology arm Waymo recently announced that it has now clocked 10 million self-driven miles on public roads —...

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Toledo, Ohio, wins $1.8M grant to deploy driverless bus downtown

Posted on Oct 8, 2018 in Buses, Finance, News

Toledo, Ohio, is getting in on the autonomous vehicle movement, with plans for a driverless bus loop around its downtown....

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