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News, Analysis & Perspective on Autonomous Vehicles

Autonomous driving startup Momenta raises another $500M

Posted on Nov 5, 2021 in Cars, Finance, News

In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China,...

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Aurora’s stock listing is a bet on autonomous cars, and on Uber

Posted on Nov 4, 2021 in Cars, Finance, Perspective

Facing technical and financial challenges, Uber Technologies Inc. was under pressure last year to bring on new leadership and investors...

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Spartan Radar raises a total of $25M to help radar compete with lidar tech

Posted on Nov 3, 2021 in Finance, News, Technology

Take a dollop of machine learning, a handful of radar sensors and a market that is clamoring for autonomous cars not mowing down hordes of...

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HoloMatic signs investment agreement with GAC Capital

Posted on Nov 2, 2021 in Finance, News, Technology

On 29 October, HoloMatic (Beijing) and Guangzhou Automobile Group Co., Ltd. (GAC Group) signed an agreement in Guangzhou to deepen their...

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U.S. autonomous delivery startup Nuro raises $600 million for $8.6 billion valuation

Posted on Nov 2, 2021 in Finance, News

Autonomous delivery vehicle maker Nuro raised $600 million in its latest funding round, the Silicon Valley-based startup said on Tuesday,...

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Korean autonomous driving startup 42dot bags $88.5M Series A to accelerate its growth

Posted on Nov 2, 2021 in Finance, News, Technology

42dot, a South Korea-based autonomous transportation-as-a-service (TaaS) startup, announced today it has raised $88.5 million (104 billion...

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Autobrains announces $101 million Series C funding led by Temasek

Posted on Nov 1, 2021 in Finance, News, Technology

TEL AVIV, Israel, Nov. 1, 2021 /PRNewswire/ — Autobrains, developer of first-of-its-kind self-learning artificial intelligence...

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Cyngn Inc. sets IPO at 3.53 million shares; sees pricing at $7.50-$9.50 each

Posted on Oct 30, 2021 in Finance, News, Technology

Cyngn Inc. on Thursday said it plans to sell nearly 3.53 million shares at between $7.50 and $9.50 apiece in its initial public offering....

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Leadgentech secures investments to accelerate its commercialization of autonomous driving buses and feeder logistics

Posted on Oct 27, 2021 in Buses, Finance, News, Technology

Leadgentech, an autonomous driving technology company, completed a Pre-A round of financing worth tens of millions of yuan in September...

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Cyngn announces closing of initial public offering

Posted on Oct 22, 2021 in Finance, News, Technology

Cyngn (or the “Company”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial...

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Autonomous driving technology firm JIMU Intelligent bags $31 million in C1 financing

Posted on Oct 21, 2021 in Finance, News

Chinese autonomous driving solutions provider JIMU Intelligent on Thursday announced the completion of a C1 round of financing totaling...

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Cyngn prices IPO at $7.50 per share

Posted on Oct 19, 2021 in Finance, News, Technology

Cyngn Inc. on Tuesday said it was pricing its initial public offering of 3.5 million shares at $7.50 per share, the low end of the...

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Guess who’s the biggest investor in self-driving tech? It rhymes with Bambung

Posted on Oct 12, 2021 in Finance, Perspective

Every year, more and more money is being poured into driverless car tech, with car makers and other huge corporations betting that this’ll...

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Xiaomi, Baidu invest in China’s autonomous driving developer G-PAL

Posted on Oct 8, 2021 in Finance, News, Technology

Beijing (Gasgoo)- Xiaomi-backed venture capital firm and Baidu associated investment company were recently listed as shareholders to...

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ZF invests in Oxbotica to develop autonomous urban shuttles

Posted on Oct 7, 2021 in Cars, Finance, News

LONDON, Oct 7 (Reuters) – German automotive industry supplier ZF Friedrichshafen AG will invest in British autonomous vehicle...

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Kyte wants to build the foundation for autonomous rental car delivery

Posted on Oct 6, 2021 in Finance, News

Kyte, a fleet-logistics platform that allows customers to order rental cars delivered right to their doors, has raised a $30 million...

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Wayve, the lidar-free self-driving startup, raises $13.6M from Ocado

Posted on Oct 6, 2021 in Finance, News

Wayve, a U.K.-based self-driving startup that is notable for its use of deep learning and cameras rather than more-costly lidar and other...

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Qualcomm prevails over Magna with $4.5 billion Veoneer deal

Posted on Oct 5, 2021 in Finance, News, Technology

Qualcomm Inc. partnered with a newly formed private equity firm on an agreement to acquire Veoneer Inc., ending a lengthy battle between...

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Ouster will buy Sense Photonics, drive for more automotive deals

Posted on Oct 5, 2021 in Finance, News, Technology

DETROIT (Reuters) – Lidar developer Ouster Inc said on Tuesday it has agreed to buy solid-state lidar startup Sense Photonics in an...

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GM-backed Cruise sees robotaxi unit growing past $50 billion

Posted on Oct 4, 2021 in Cars, Finance, News

General Motors Co.’s Cruise LLC autonomous vehicle unit will tell investors this week that it sees a path for its ride-hailing business to...

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