Ottonomy.IO raises $3.3 million to expand network of autonomous robots for deliveries
Ottonomy.IO, a startup working on solving delivery problems using autonomous robots, has raised $3.3 million in a seed funding round as it...
Read MoreBaidu-backed carmaker Jidu seeking $400 million in funding, sources say
An autonomous electric vehicle startup backed by Chinese tech giant Baidu Inc. is considering raising about $300 million to $400 million...
Read MoreOn anniversary of ADA, USDOT announces winners of its first-ever inclusive design challenge
WASHINGTON – Today, during an event held in recognition of the ADA’s 32nd anniversary, the U.S. Department of Transportation (USDOT) will...
Read MoreGM’s Cruise robotaxi unit drives deeper into the red
DETROIT, July 26 (Reuters) – General Motors Co (GM.N) has lost nearly $5 billion since 2018 trying to build a robotaxi business in...
Read MoreNavya raises €36m in convertible bonds with stock acquisition rights to finance its growth and large-scale industrialization
Villeurbanne, France, July 21th 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announced the...
Read MoreMay Mobility aims for fully driverless autonomous shuttles by 2023
May Mobility, a Michigan-based autonomous ride-hail and shuttle startup, says its most recent round — a $111 million Series C — will help...
Read MoreIntel’s self-driving car unit Mobileye postpones its planned U.S. IPO that could value the company up to $50 billion
Chipmaker Intel Corp made headlines in March of 2017 when it acquired Isreal-based computer vision and autonomous driving technology...
Read MoreChinese smart car supplier PATEO raises 1 bln yuan in new funding round
SHANGHAI, July 1 (Reuters) – Chinese smart vehicle supplier Shanghai PATEO Electronic Equipment Manufacturing Co said on Friday it...
Read MoreGeometrical-PAL receives strategic investment from SAE International
Beijing (Gasgoo)- Shanghai-based intelligent driving developer, Geometrical-PAL (G-PAL), recently closed a new strategic investment round...
Read MoreDriverless taxis are here. How should investors play it?
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...
Read MoreRoboSense concludes another transaction for latest investment round
Beijing (Gasgoo)- On June 14th, LiDAR supplier RoboSense announced the completion of the latest transaction in its new strategic...
Read MoreContinental Group invests in China’s autonomous driving company MOTOVIS
Beijing (Gasgoo)- On June 13th, China’s autonomous driving developer, MOTOVIS, announced the completion of its Series C financing round...
Read MoreAutonomous driving firm Autra Tech secures nearly $30M in pre-A funds
Autonomous driving trunk logistics company Autra Tech announced on Wednesday that it had completed a pre-A round of financing in April,...
Read MoreSelf-driving car companies’ first step to making money isn’t robotaxis
BEIJING — While governments may be wary of driverless cars, people want to buy the technology, and companies want to cash in....
Read MoreBaidu’s Apollo Go Robotaxi service reports world’s largest order volume in Q1
Beijing (Gasgoo)- On May 26th, China’s tech giant Baidu released the unaudited financial statement of the first quarter of 2022, with...
Read MoreWilliams Advanced Engineering’s investment fund takes stake in autonomous vehicle training company
Foresight Williams Technology (FWT) has announced a £1m (US$1.25m) investment in dRISK, an autonomous vehicle testing and training...
Read MoreSelf-driving buses, shuttles and delivery vans could soon hit UK roads thanks to £40 million government-funded competition
A new £40 million competition to kick-start commercial self-driving services, such as delivery vehicles and passenger shuttles, has been...
Read MoreHyundai plans $5 billion investment in U.S. on mobility technology such as autonomous driving and robotics
Hyundai Motor said on Sunday it plans to invest $5 billion in the U.S. by 2025 to further develop mobility technologies in areas like...
Read MoreAutomated driving firm CiDi closes 300M yuan in round-C financing
Changsha-based commercial vehicle smart driving enterprise CiDi announced on Friday that it has completed round-C financing of 300 million...
Read MoreMich.’s self-driving car lane gets $130M from Ford, others
(TNS) — The road to an autonomous commute is underway and Ford has stepped up to help pave it. Michigan’s first connected and automated...
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