GM invests in Chinese autonomous driving startup Momenta
BEIJING, Sept 23 (Reuters) – General Motors Co (GM.N) said on Thursday it will invest $300 million in Chinese autonomous driving...
Read MoreXiaomi invests in two rounds of Black Sesame financing
Beijing (Gasgoo)- Black Sesame Technologies has completed several hundred million dollars’ worth of strategic round and C-round of...
Read MoreVaccine-carrying drones and self-driving cars: government fund backs cutting-edge innovation
Regulators are clearing the runway for drones to transport vaccines and other live-saving drugs, in a ground-breaking venture funded by...
Read MoreAlibaba leads $300 million investment into Chinese autonomous driving start-up DeepRoute.ai
GUANGZHOU, China — Alibaba has led investments worth more than $300 million into Chinese autonomous driving start-up DeepRoute.ai. The...
Read MoreDriverless delivery vans on the road in two years, says UK tech company StreetDrone
Driverless delivery vans could be operating on UK streets by 2023, if Oxford-based tech company StreetDrone gets its way. High Street...
Read MoreGM invests in Oculii, radar software maker for self-driving cars
SAN FRANCISCO, Sept 13 (Reuters) – General Motors Co’s (GM.N) venture capital arm has invested millions of dollars in Oculii,...
Read MoreTrucking insurance in the age of automation: Startup Koop Technologies raises $2.5 million seed round
There’s a new player entering the automated trucking scene, addressing a gap in the complex world of vehicle insurance. Koop Technologies,...
Read MoreForetellix closes $32m Series B funding round for ensuring the safe and efficient deployment of automated driving systems
TEL AVIV, Israel, Sept. 1, 2021 /PRNewswire/ — Foretellix, the leading platform provider automating the testing, verification and...
Read MoreGatik expands autonomous box truck operations to Texas with $85 million in new funds
In the two years since Gatik AI came out of stealth, the autonomous vehicle startup has launched pilots with Walmart and Canadian retail...
Read MoreYandex buys Uber out of food-delivery, self-driving venture
Yandex NV is buying out Uber Technologies Inc.’s shares in its food tech, delivery and self-driving businesses and has an option to...
Read MoreChinese self-driving startup FABU.AI secures 100 million yuan in Series B+ funding
Shanghai (Gasgoo)- FABU.AI, a Chinese autonomous driving startup, announced on August 19 it has banked 100 million yuan ($15.438 million)...
Read MoreMasayoshi Son’s SoftBank invests in Chinese driverless delivery van start-up Neolix
SoftBank Group has become the latest investor in Chinese robo-van maker Neolix Technologies, as the Japanese venture capital firm looks...
Read MoreMeituan’s venture capital wing Long-Z invests in Chinese self-driving startup QCraft
Chinese food delivery giant Meituan has invested in autonomous driving startup QCraft’s latest fundraising round of $100 million,...
Read MoreTemasek-backed tech startup Innovusion raises $66 million
Innovusion Holdings Ltd – a startup that develops laser-based detection systems used in self-driving vehicles known as LiDAR –...
Read MoreCanadian Government invests $3.9M in an autonomous concept EV called Project Arrow
Canada’s Federal Economic Development Agency for Southern Ontario (FedDev Ontario) is investing $5 million CAD ($3.9 million USD) in...
Read MoreChina’s Tesla rival Li Auto makes Hong Kong debut after $1.5 billion IPO
Shares in Chinese electric carmaker Li Auto fell on its Hong Kong debut Thursday, with investors increasingly jittery over Beijing’s...
Read MorePony.ai said to seek funds at $8 billion value amid listing halt
Pony.ai is considering a new funding round that could give the self-driving startup a valuation of at least $8 billion after the company...
Read MoreQualcomm bids $4.6 billion for Veoneerin battle with Magna
Qualcomm Inc. offered to buy automotive technology company Veoneer Inc. for $4.6 billion, muscling in on Magna International Inc. after...
Read MoreXiaomi invests in a second self-driving company within three months
After establishing its might in the smartphone business, Xiaomi wants to make a dent in the mobility industry through various investments....
Read MoreContinental acquires stake in Kopernikus Automotive, artificial intelligence specialist for automated parking
Technology company Continental is investing in Leipzig-based startup Kopernikus Automotive with a minority stake. The two companies have...
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