General Motors has announced that Dan Ammann, CEO of Cruise, is leaving the company with immediate effect. Kyle Vogt, Cruise president and CTO, will serve…
Browsing: Business
Apex.AI, a company developing safety-certified software for mobility and autonomous applications, has raised US$56.5m in Series B funding, giving it a total of US$74m raised…
Autonomous mobility and robotics solutions developer Robotic Research has announced a US$228m funding round—the first outside capital the company has raised. It will use the…
Open autonomous vehicle software developer Oxbotica has announced that Gavin Jackson has been appointed as its new CEO. Jackson joins Oxbotica with extensive experience in…
WM Motor, a smart EV developer in China, has secured US$152m Series D2 financing led by Agile Group Holdings, an integrated conglomerate specializing in property…
7-Eleven, Inc is partnering with Nuro, a robotics company transforming local commerce with autonomous vehicles, to offer the first commercial autonomous delivery service in California,…
Applied Intuition Inc has raised a US$175m Series D financing round co-led by Elad Gil, Addition, and Coatue Management at a US$3.6bn valuation. Existing investors,…
Self-driving trucking company Kodiak Robotics has raised US$125m in an oversubscribed Series B fundraising round taking total investment to date to US$165m. The round saw…
Self-driving technology company Aurora has completed its business combination with Reinvent Technology Partners Y, a special purpose acquisition company (SPAC), in order to float on…
Chinese autonomous driving startup Momenta has completed a US$500m series C funding round, taking its total investment so far to approximately US$1bn. Backing has come…