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News, Analysis & Perspective on Autonomous Vehicles

Qcraft raises over $24 million to train autonomous vehicle systems in simulation

Posted on Apr 3, 2020 in Finance, News, Technology

Qcraft, a robotics startup focused on autonomous vehicle (AV) development, this morning announced it has raised over $24 million in seed...

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Phantom AI raises $22 million to develop ADAS products

Posted on Apr 2, 2020 in Cars, Finance, News, Technology

Phantom AI, a startup developing advanced driver-assistance systems (ADAS) for cars and trucks, today announced that it has raised $22...

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DASA awards £2m to fast-track autonomous vehicles in harsh conditions

Posted on Apr 2, 2020 in Finance, News

The Defence and Security Accelerator (DASA) can today announce it has awarded 21 contracts worth a total £2.1 million to boost how...

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DOT Opens Funding Opportunity for University Transportation Centers

Posted on Mar 31, 2020 in Finance, News

The U.S. Department of Transportation recently announced a competitive grant solicitation that makes nearly $5 million available as part...

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Seegrid raises $25 million for autonomous industrial vehicles

Posted on Mar 31, 2020 in Finance, News, Trucks

Seegrid, a company that builds autonomous industrial vehicles for transporting materials, has raised $25 million in a round of equity...

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Arlington gets $1.7M for Via Rideshare to provide free rides for UTA, integrate autonomous vehicles

Posted on Mar 27, 2020 in Cars, Finance, News

The City of Arlington recently received an almost $1.7M Integrated Mobility Innovation grant from the Federal Transit Administration to...

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Helm.ai raises $13M on its unsupervised learning approach to driverless car AI

Posted on Mar 26, 2020 in Finance, News, Technology

Four years ago, mathematician Vlad Voroninski saw an opportunity to remove some of the bottlenecks in the development of autonomous...

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SoftBank nears deal to invest in Didi’s self-driving unit: The Information

Posted on Mar 23, 2020 in Cars, Finance, News

(Reuters) – SoftBank Group Corp is close to finalizing a deal to lead a $300 million investment in the autonomous driving unit of...

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LiDAR start-up Blickfeld closes Series A with participation of Continental and Wachstumsfonds Bayern

Posted on Mar 20, 2020 in Cars, Finance, News, Technology

Munich-based LiDAR start-up Blickfeld has completed its Series A financing round. The new financing was led by the venture capital unit of...

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How to lease an autonomous delivery van

Posted on Mar 17, 2020 in Cars, Finance

Something happened on the way to robotaxis taking over the world. The timeline to transport people without a human driver, particularly...

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USDOT announces $20.3 million grant to improve transport with innovation

Posted on Mar 17, 2020 in Cars, Finance, News

The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) has announced approximately $20.3 million in grant...

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Waymo funding shows long road to AVs

Posted on Mar 16, 2020 in Cars, Finance, Perspective

There can be no doubt: The development of autonomous vehicles is going to require more — way more — time and money than people thought...

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Neolix raises $29 million to mass-produce autonomous delivery shuttles

Posted on Mar 11, 2020 in Buses, Finance, News

Neolix Technologies, a self-driving logistics startup based primarily in Beijing, today confirmed that it closed a roughly RMB 200 million...

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A look at Waymo’s mega $2.25 billion funding

Posted on Mar 8, 2020 in Cars, Finance, Perspective

Since 2009, Alphabet has funded Waymo, which is focused on developing autonomous vehicles. But this week there was a big change in the...

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SiLC Technologies raises $12m in seed funding to deliver long-range, single-chip LiDAR for autonomous vehicles, machine vision, and augmented reality

Posted on Mar 5, 2020 in Cars, Finance, News, Technology

MONROVIA, Calif., March 5, 2020 /PRNewswire/ — SiLC Technologies, Inc., (SiLC), the leading developer of integrated single-chip FMCW...

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CUTRIC Partners launch the first research group on smart and autonomous vehicles

Posted on Mar 5, 2020 in Cars, Finance, News

WINDSOR, ON, March 5, 2020 /CNW/ – The Canadian Urban Transit Research and Innovation Consortium (CUTRIC) is excited to announce...

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General Motors to spend $20 billion through 2025 on new electric, autonomous vehicles

Posted on Mar 4, 2020 in Cars, Finance, News

DETROIT – General Motors will spend more than $20 billion through 2025 on its next generation of all-electric and autonomous vehicles as...

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Five, the self-driving startup, raises $41M and pivots into B2B, away from building its own fleet

Posted on Mar 4, 2020 in Cars, Finance, News

We are still years away from a time when fully-autonomous cars will be able to drive us from A to B, and the complexity of getting to that...

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China’s Geely invests $326 million to build satellites for autonomous cars

Posted on Mar 3, 2020 in Cars, Finance, News, Technology

BEIJING (Reuters) – China’s Zhejiang Geely Holding Group said on Tuesday it was investing 2.27 billion yuan ($326 million) in a new...

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Waymo has a first-to-market advantage in autonomous ride services

Posted on Mar 2, 2020 in Cars, Finance, Perspective

I’ve been writing articles about autonomous vehicles on Seeking Alpha for almost two years, and I continue to believe that 2021 will...

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