Japanese autonomous truck startup T2 raises $30M to tackle driver shortage
Tokyo-based autonomous driving technology startup T2 Inc completed its Series B funding round in July, raising JPY 5 billion ($30 million)....
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Self-driving buses in Cambridge win £3.88m boost
Greater Cambridge Partnership (GCP) has secured £3.88 million in UK government funding to advance its self-driving bus programme, moving trials of autonomous public transport a step closer to full commercial services....
Read More‘Next-gen’ electric and self-driving cars to get £130m boost
The UK’s car industry is being given a massive £130m boost… and no, it’s not so it can temporarily repair that nasty pothole on your road....
Read MoreAurrigo wins £1.43m government grant to trial autonomous airport vehicles
Aurrigo International has been awarded a £1.43m UK government grant to explore how autonomous vehicles can make airports safer. Aurrigo wins £1.43m government grant to trial autonomous airport vehicles...
Read MoreUAE’s Moove Raises $250M in Series C Funding to Expand Autonomous-Vehicle Infrastructure Operations
Moove raised $250 million in Series C funding at a $2.1 billion valuation to expand its autonomous-vehicle fleet business, robotics-focused depots and global operations. UAE’s Moove Raises $250M in Series C Funding to...
Read MoreTIER IV advances Japan autonomous driving ambitions following IPO
Anderson Mori & Tomotsune, Mori Hamada & Matsumoto and Skadden Arps Slate Meagher & Flom have advised on TIER IV’s JPY23.2 billion (USD141 million) global IPO and listing on the Tokyo Stock Exchange. It is the first...
Read MoreScuter closes €3.5m funding round with autonomous ambitions next
Scuter has received the final tranche of its seed extension round, bringing an 18-month validation phase for its three-wheeled shared electric vehicle to a close. Next, the Italian startup sets its sights on autonomous fleet...
Read MoreMitsui Fudosan invests in T2 for Level 4 truck logistics
Mitsui Fudosan invests in autonomous trucking company T2 through a 15 billion yen corporate venture capital fund https://jp.ibtimes.com/mitsui-fudosan-invests-t2-level-4-truck-logistics-102848 ...
Read MoreSinoAuto obtains RMB 300 million in Series C financing, the autonomous driving heavy truck sector heats up again
The funds will be primarily allocated to the research and development of a new generation of vehicle-grade autonomous driving solutions. https://eu.36kr.com/en/p/3895721094842249
Read MoreVolvo lays out its plan for US$3bn in AV revenue by 2031
Volvo Group has set out its most detailed and ambitious autonomous trucking timeline to date, targeting driverless on-highway operations in the US during Q1 2027 and projecting autonomous transportation revenue approaching...
Read MoreChina’s Momenta kicks off Hong Kong IPO, targets up to $751 million
Chinese self-driving technology firm Momenta Global launched its Hong Kong initial public offering on Monday, seeking to raise up to HK$5.89 billion ($751.1 million), according to its prospectus....
Read MoreTerawatt Infrastructure secures $300M in secured debt financing to expand its full-stack autonomous vehicle infrastructure platform
Terawatt Infrastructure, the leading infrastructure platform for autonomous and electric fleets, has entered into a five-year facility for up to $150 million in committed senior secured financing, with an option for an...
Read MoreUber has committed nearly $500 million to self-driving startup Nuro
The ride-hailing company made an unreported follow-on investment in Nuro larger than its first, with remaining funds tied to driverless testing and passenger milestones....
Read MoreGrab plans autonomous vehicles, delivery robots in Vietnam, pledges long-term investment
Grab, the Singapore-based superapp, plans to explore pilot programs for autonomous vehicles and delivery robots in Vietnam, said Chin Yin Ong, Chief Organization Capability Officer at Grab. Grab plans autonomous vehicles,...
Read MoreChinese EV truck startup Zeron raises $200 million in B2 round to fuel autonomous truck push
Chinese electric heavy-duty truck startup Zeron announced Tuesday the completion of a $200 million Series B2 funding round to double down on its autonomous driving truck business. Chinese EV truck startup Zeron raises...
Read MoreParallel Systems raises $100 million to bring autonomous freight trains into mainstream logistics
The Los Angeles-based company has raised approximately $100 million to date and is currently conducting commercial testing of its autonomous rail vehicles in Georgia in partnership with Genesee & Wyoming under oversight from...
Read MoreUber commits $10B to AV fleet — while trashing Waymo
The ride-hailing giant is calling Waymo’s model “less scalable” and “less reliable” than Uber’s hybrid approach mixing human drivers and AVs....
Read MoreWayve signs Government deal after $1.5bn+ funding
Wayve, founded in Cambridge and now based in London, recently revealed fresh funding of potentially more than $1.5 billion, which valued the company at $9bn....
Read MoreAres backs $100m funding for self-driving truck firm Kodiak
Kodiak AI, a US self-driving truck company, raised US$100 million by selling shares at US$6.50 each with warrants priced as low as US$6. ...
Read MoreHumble raises $24 million in seed funding to develop an autonomous Class 8 electric truck
Autonomous truck startup Humble has emerged from stealth, and announced a prototype of a fully autonomous, cabless electric hauler designed for freight transportation. Humble raises $24 million in seed funding to develop an...
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