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News, Analysis & Perspective on Autonomous Vehicles

Germany awarding €10.9M to KelRide autonomous vehicle project

Posted on Mar 30, 2021 in Finance, News

Germany’s Federal Ministry of Transport and Digital Infrastructure is awarding €10.9 million to the KelRide project, which will further...

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WaveSense announces a $15 million funding round to accelerate autonomous driving using ground penetrating radar

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

Massachusetts startup WaveSense announced today a $15 million investment round from Rhapsody Venture Partners and Impossible Ventures for...

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Didi is raising money for self-driving unit at $6 billion value

Posted on Mar 29, 2021 in Finance, News

Ride-hailing giant Didi Chuxing is raising new funds for its self-driving unit as China’s answer to Uber attempts to supercharge growth...

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Nuro raises $500 million in funding round backed by Toyota’s Woven Capital and Chipotle

Posted on Mar 25, 2021 in Cars, Finance, News

Nuro, the Mountain View, California, autonomous delivery startup, announced a new investment round from Chipotle and Woven Capital, a...

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Australian lidar maker Baraja collects $31M B round to illuminate the future of autonomy

Posted on Mar 24, 2021 in Finance, News, Technology

Lidar companies across the planet are going SPAC, but Baraja isn’t in a hurry to go public. The Australian lidar maker has raised a $31...

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Autonomous driving startup Momenta raises $500 million from SAIC, Toyota, others

Posted on Mar 19, 2021 in Finance, News

BEIJING (Reuters) – Chinese autonomous driving startup Momenta said on Friday it has received $500 million from SAIC Motor, Toyota...

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Canadian Tire and NuPort Robotics to commercialize Canada’s first automated heavy duty trucking technology

Posted on Mar 16, 2021 in Finance, News, Trucks

TORONTO, ON / ACCESSWIRE / March 11, 2021 / Canadian National retailer Canadian Tire Corporation (TSX:CTC.A)(TSX:CTC) and Toronto-based...

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ARPA-E awards $18M to 4 teams to optimize vehicle performance and efficiency; NEXTCAR Phase II

Posted on Mar 12, 2021 in Finance, News

The US Department of Energy Advanced Research Projects Agency – Energy (ARPA-E) is awarding $18 million in funding to four projects...

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While eyeing a SPAC, Swedish autonomous EV company Einride nears $75 million in new funding

Posted on Mar 8, 2021 in Finance, News, Trucks

Swedish autonomous electric vehicle startup Einride is aiming to continue the momentum sparked by partnerships with Oatly and Lidl by...

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Last-mile delivery robotics company Refraction AI raises $4.2M

Posted on Mar 8, 2021 in Finance, News

Ann Arbor-based Refraction AI announced today that it has raised a $4.2 million seed round. The startup, which debuted on the TechCrunch...

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ByteDance said to invest in Chinese self-driving startup QCraft

Posted on Mar 4, 2021 in Finance, News

Chinese social media titan ByteDance Ltd. is investing in local autonomous driving startup QCraft Inc., according to people familiar with...

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Gatik to winterize self-driving box trucks through partnership with Ontario government

Posted on Mar 2, 2021 in Finance, News, Trucks

Gatik, a startup developing an autonomous vehicle stack for B2B short-haul logistics, today announced it has secured CAD$9 million (~$7.12...

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Continental acquires Recogni minority stake

Posted on Feb 23, 2021 in Finance, News, Technology

Continental has acquired a minority stake in German-US start-up, Recogni. The company is working on a new chip architecture for object...

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CapStone Holdings Inc. invests $10M in Perrone Robotics

Posted on Feb 22, 2021 in Finance, News

BONITA SPRINGS, Fla., Feb. 22, 2021 /PRNewswire/ — CapStone Holdings, a business incubator and investment group, is pleased to...

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Automotive edge AI chip designer Recogni raises $49m

Posted on Feb 17, 2021 in Finance, News, Technology

Recogni has raised $48.9m (€40m) for its AI automotive perception module technology, bringing the total for the US-German company to...

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Ford sells stake in Velodyne, a maker of autonomous-car sensors

Posted on Feb 15, 2021 in Finance, News, Technology

Ford Motor Co. has sold off its stake in Velodyne Lidar Inc., a leading maker of sensors being used in the development of self-driving...

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Plus raises $200 million to develop its autonomous truck platform

Posted on Feb 10, 2021 in Finance, News, Trucks

Plus, a startup developing autonomous truck technology, today announced it has completed a $200 million series B round led by new...

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Swift Navigation raises $50 million Series C round to accelerate consumer adoption of automotive safety and precise navigation applications across the globe

Posted on Feb 9, 2021 in Finance, News, Technology

SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation...

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Pony.ai raises $100 million more to advance its autonomous vehicle tech

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

Self-driving car startup Pony.ai today announced it has raised $100 million in an extension of its series C round. The funds bring the...

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Goodyear Ventures invests in autonomous trucking company TuSimple

Posted on Feb 4, 2021 in Finance, News

Goodyear Ventures has added TuSimple, a global autonomous trucking technology company, to its growing investment portfolio....

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