Xiaomi 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...
Read MoreInceptio Technology completes US$270 million in financing, led by JD, Meituan, and PAG
SHANGHAI, Aug. 3, 2021 /PRNewswire/ — Inceptio Technology, an autonomous driving truck technology and operating company, announced...
Read MoreLi Auto seeks to raise around US$1.9B in Hong Kong offering
Chinese electric vehicle maker Li Auto Inc. plans to raise as much as 15 billion Hong Kong dollars (US$1.93 billion) through a share...
Read MoreChinese chip startup SemiDrive closes 1 billion yuan Series B round
Shanghai (Gasgoo)- Chinese automotive SoC (system-on-chip) developer SemiDrive raised nearly 1 billion yuan ($154.238 million) in a Series...
Read MoreVenti Technologies secures $8M in seed round for autonomous mobility for logistics, supply chain and transportation markets
Venti Technologies, a developer of safe-speed autonomous logistics systems, secured approximately $8 million in a seed round funding. The...
Read MoreAurora’s SPAC merger comes amid self-driving car delays
Self-driving car startup Aurora is ready to go public in a reverse merger with Reinvent Technology Partners Y, a special acquisition...
Read MoreMagna International to buy Veoneer for $3.8 billion
Canadian auto supplier Magna International Inc. said on Thursday it will buy Swedish rival Veoneer Inc. for about $3.8 billion in cash, in...
Read MoreNavya will receive 7.5 million euros of subsidies, especially within the framework of the France Relance program, for four of its technological projects
Navya (Paris:NAVYA) (FR0013018041- Navya), a leading company in autonomous driving systems, announces that it has been awarded four major...
Read MoreSelf-driving startup Aurora in agreement with Reinvent SPAC
(Bloomberg) — Driverless technology startup Aurora Innovation Inc. has agreed to go public via a merger with Reinvent Technology...
Read MoreUnmanned delivery firm White Rhino Auto receives nearly $10 million in Pre-A funding
On Thursday, Chinese autonomous driving company White Rhino, announced that it had secured nearly $10 million in Pre-A financing led by...
Read MoreChina’s ECARX to acquire stake in Volvo’s Zenseact
Geely’s Volvo Cars confirmed Chinese connected car technology company ECARX plans to acquire a stake in its autonomous driving software...
Read MoreExisting auto insurance system well-positioned to handle autonomous vehicle claims: Travelers Canada exec
Canada’s existing auto insurance structure is well-positioned to resolve claims and provide fair and timely compensation to accident...
Read MoreAlgolux closes $18.4 million Series B round for robust computer vision
New investment will serve to accelerate market adoption of Algolux’s robust and scalable computer vision and image optimization...
Read MoreFord-backed Argo chooses Citigroup, JPMorgan to go public
Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, is working with investment bankers as it prepares to go...
Read MoreChinese autonomous driving startup MINIEYE completes D1 funding round
Shanghai (Gasgoo)- Chinese autonomous driving technology developer MINIEYE recently completed its Series D1 funding, which was led by CICC...
Read MoreGhost raises $100M Series D for autonomous driving and crash prevention tech
Autonomous driving system developer Ghost Locomotion has raised a $100 million Series D funding round, led by Sutter Hill Ventures....
Read MoreChinese autonomous driving company Holomatic completes B1 round of financing
Holomatic, an autonomous driving technology company, announced today that it has completed the B1 round of financing with investors...
Read MoreFunding is pouring in to companies trying to crack self-driving tech
The self-driving software firm Embark Trucks said Wednesday it plans to go public in a deal that would raise more than $600 million and...
Read MoreBMW i Ventures invests in autonomous truck technology company Kodiak Robotics
BMW’s Silicon Valley-based venture capital arm is investing in Kodiak Robotics, a company that develops autonomous trucking technology....
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