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News, Analysis & Perspective on Autonomous Vehicles

Riverland Community College gets $348K for AV tech program

Posted on Aug 19, 2022 in Finance, News, Technology

(TNS) — Riverland Community College recently secured a $348,486 in grant funding from the National Science Foundation (NSF) Advanced...

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Autonomous driving developer Momenta invests in SAIC Motor’s Xiangdao Chuxing

Posted on Aug 15, 2022 in Finance, News, Technology

Beijing (Gasgoo)- SAIC Motor’s ride-hailing arm, Xiangdao Chuxing, announced the completion of its Series B financing round, raising over...

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Autonomous driving developer PhiGent Robotics completes 2nd settlement of Series A

Posted on Aug 15, 2022 in Finance, News

Beijing (Gasgoo)- Beijing-based autonomous driving solution provider, PhiGent Robotics, announced the completion of the second settlement...

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StradVision announces close of $88m Series C funding round

Posted on Aug 9, 2022 in Finance, News, Technology

SEOUL, South Korea, Aug. 9, 2022 /PRNewswire/ — StradVision, an AI-based perception processing company for Autonomous Vehicles and...

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Black Sesame Technologies breaks $500M in round-C funding

Posted on Aug 8, 2022 in Finance, News, Technology

On August 8, Black Sesame Technologies, an autonomous driving computer chip company, announced its completion of round-C+ financing led by...

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Autonomous driving startup GoFurther.AI secures round A+ financing

Posted on Aug 8, 2022 in Finance, News

GoFurther.AI, an autonomous driving company, announced the completion of the company’s round A+ of financing on August 8. This financing...

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Ottonomy.IO raises $3.3 million to expand network of autonomous robots for deliveries

Posted on Aug 6, 2022 in Finance, News, Technology

Ottonomy.IO, a startup working on solving delivery problems using autonomous robots, has raised $3.3 million in a seed funding round as it...

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Baidu-backed carmaker Jidu seeking $400 million in funding, sources say

Posted on Aug 1, 2022 in Finance, News

An autonomous electric vehicle startup backed by Chinese tech giant Baidu Inc. is considering raising about $300 million to $400 million...

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On anniversary of ADA, USDOT announces winners of its first-ever inclusive design challenge

Posted on Jul 26, 2022 in Finance, News, Technology

WASHINGTON – Today, during an event held in recognition of the ADA’s 32nd anniversary, the U.S. Department of Transportation (USDOT) will...

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GM’s Cruise robotaxi unit drives deeper into the red

Posted on Jul 26, 2022 in Cars, Finance, News

DETROIT, July 26 (Reuters) – General Motors Co (GM.N) has lost nearly $5 billion since 2018 trying to build a robotaxi business in...

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Navya raises €36m in convertible bonds with stock acquisition rights to finance its growth and large-scale industrialization

Posted on Jul 21, 2022 in Finance, News

Villeurbanne, France, July 21th 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announced the...

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May Mobility aims for fully driverless autonomous shuttles by 2023

Posted on Jul 12, 2022 in Finance, News, Technology

May Mobility, a Michigan-based autonomous ride-hail and shuttle startup, says its most recent round — a $111 million Series C — will help...

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Intel’s self-driving car unit Mobileye postpones its planned U.S. IPO that could value the company up to $50 billion

Posted on Jul 11, 2022 in Cars, Finance, News

Chipmaker Intel Corp made headlines in March of 2017 when it acquired Isreal-based computer vision and autonomous driving technology...

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Chinese smart car supplier PATEO raises 1 bln yuan in new funding round

Posted on Jul 1, 2022 in Finance, News, Technology

SHANGHAI, July 1 (Reuters) – Chinese smart vehicle supplier Shanghai PATEO Electronic Equipment Manufacturing Co said on Friday it...

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Geometrical-PAL receives strategic investment from SAE International

Posted on Jun 30, 2022 in Finance, News, Technology

Beijing (Gasgoo)- Shanghai-based intelligent driving developer, Geometrical-PAL (G-PAL), recently closed a new strategic investment round...

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Driverless taxis are here. How should investors play it?

Posted on Jun 23, 2022 in Cars, Finance, Perspective

Yesterday was a massive day in the world of self-driving cars or autonomous vehicles (AVs). Cruise, a subsidiary of GM (GM), gave rides in...

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RoboSense concludes another transaction for latest investment round

Posted on Jun 14, 2022 in Finance, News, Technology

Beijing (Gasgoo)- On June 14th, LiDAR supplier RoboSense announced the completion of the latest transaction in its new strategic...

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Continental Group invests in China’s autonomous driving company MOTOVIS

Posted on Jun 13, 2022 in Finance, News, Technology

Beijing (Gasgoo)- On June 13th, China’s autonomous driving developer, MOTOVIS, announced the completion of its Series C financing round...

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Autonomous driving firm Autra Tech secures nearly $30M in pre-A funds

Posted on Jun 8, 2022 in Finance, News, Trucks

Autonomous driving trunk logistics company Autra Tech announced on Wednesday that it had completed a pre-A round of financing in April,...

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Self-driving car companies’ first step to making money isn’t robotaxis

Posted on Jun 1, 2022 in Finance, Perspective, Technology

BEIJING — While governments may be wary of driverless cars, people want to buy the technology, and companies want to cash in....

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