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News, Analysis & Perspective on Autonomous Vehicles

Robot truck upstart embark hauls in $30 million to take on Waymo and Uber

Silicon Valley VC firm Sequoia Capital leads a $30 million Series B round for the San Francisco-based company, boosting total funding to $47 million for Embark two years after it was founded by Rodrigues and Brandon Moak, its CTO. The funds will help Embark’s fleet expand to 100 trucks from five, load them up with Velodyne lidar sensors, cameras, radar and computing system and compete for software talent.

https://www.forbes.com/sites/alanohnsman/2018/07/19/robot-truck-upstart-embark-hauls-in-30-million-to-take-on-waymo-uber/#23a01e534aee

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