Cerence receives funding from Germany’s Federal Ministry for Economic Affairs and Energy to drive innovation in automotive assistants for autonomous cars
BERLIN and BURLINGTON, Mass., Dec. 21, 2020 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today...
Read MoreAustin’s Uhnder raises $45M Series C
Uhnder, a startup looking to transform radar from analog to digital, raised $45 million in a Series C round of funding, the company...
Read MoreInnoviz Technologies to be listed on Nasdaq through merger with Collective Growth Corporation
Innoviz Technologies, a technology leader of high-performance, solid-state LiDAR sensors and perception software, has announced that it...
Read MoreHyundai has bought robot maker Boston Dynamics from SoftBank in a $1.1 billion deal
Hyundai has agreed to buy an 80% stake in robot maker Boston Dynamics from SoftBank, the South Korean automaker said Friday....
Read MoreUber sells self-driving unit to Aurora, takes startup stake
Uber Technologies Inc. sold its self-driving car division to Aurora Innovation Inc. and took a stake in the startup, pulling back from its...
Read MoreNew Eagle sponsors Indy Autonomous Challenge
ANN ARBOR, Mich., Dec. 7, 2020 /PRNewswire/ — Mechatronic control system engineering company New Eagle announced today that the...
Read MoreIsraeli lidar startup Innoviz in talks to merge with SPAC
(Bloomberg) — Innoviz Technologies Ltd., an Israeli startup focused on lidar, laser sensors used in autonomous vehicles, is in talks...
Read MoreZenzic rewards five companies with a share of £500,000
Zenzic, a company which connects regulators and innovators in the self-driving sector, has announced the five winners of its CAM Scale-Up...
Read MoreApproaching commercialization for its autonomous radar nav system, Lunewave raises $7 million
Lunewave, the Arizona-based startup developing a novel technology for radars for autonomous vehicles, has raised $7 million in financing...
Read MoreRobot truck startup TuSimple said to raise $350 million in biggest funding round to date
TuSimple, a startup that’s developing self-driving technology for heavy-duty trucks, has raised about $350 million in a Series E round...
Read MoreAutonomous a2z raises US$1.9M in seed round for autonomous driving solution
SEOUL, South Korea, Nov. 19, 2020 /PRNewswire/ — Autonomous a2z, a member company of Born2Global Centre and Sejong Technopark, has...
Read MoreGM ups electric and autonomous vehicle spending to $27 billion through 2025
General Motors said it will spend $27 billion over the next five years on the development of electric vehicles and automated technology,...
Read MoreUK electric-van startup Arrival to go public in U.S. at $5.4 billion valuation
LONDON — British electric-van startup Arrival, which is backed by Hyundai and BlackRock, has agreed to merge with CIIG Merger to get...
Read MoreAutonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round
SEOUL, South Korea, Nov. 17, 2020 /PRNewswire/ — MORAI, Inc., a member company of Born2Global Centre and Sejong Technopark, has...
Read MoreInside the industry: Will insurers pay if self-driving cars cause crashes?
Until recently, I had few qualms about ranking car insurers alongside estate agents and traffic wardens in the pits of my estimation; they...
Read MoreVW boosts investment in electric and autonomous car technology to $86 billon
BERLIN (Reuters) – Volkswagen has raised its planned investment on digital and electric vehicle technologies to 73 billion euros...
Read MoreSelf-driving delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce
(Reuters) – Self-driving delivery company Nuro, whose R2 unit has no pedals or steering wheel and only room for packages, said...
Read MoreChinese autonomous truck startup Inceptio raises $120 mln from CATL, others
SHANGHAI: China’s Inceptio Technology, a startup developing self-driving trucks, said on Monday it has raised $120 million in its...
Read MoreAutonomous driving startup Pony.ai raises $267 million in latest funding round
Autonomous driving startup Pony.ai, which is backed by Japan’s Toyota Motor Corp. and is working with the automaker on self-driving...
Read MoreInflexor Ventures invests in Steradian Semiconductors
Early-stage technology-focused VC fund Inflexor Ventures on Wednesday said it has invested an undisclosed sum in Steradian Semiconductors,...
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