Cruise, the self-driving subsidiary of General Motors, raised $2 billion in new equity funding today. The San Francisco-based company said its post-money valuation is $30 billion. Cruise has raised about $7.3 billion since it was founded in 2013. GM, Honda Motor, and other institutional investors participated in the funding round. GM remains the majority stakeholder.…
Oxbotica’s Selenium platform handles an autonomous vehicle’s navigation, mapping, perception, and machine learning. Oxbotica said Selenium doesn’t need to rely on external infrastructure such as GPS, lane markings or pre-existing HD maps.
The CEO of an autonomous delivery company looks at trends for the coming year and predicts increasing technology adoption and company consolidation.
WeRide, a leading autonomous vehicle company in China, has strengthened its partnership with bus maker Yutong Group, receiving $200 million in Series B1 funding.
Velodyne Lidar said its new Velarray M1600 is a compact, solid-state lidar sensor designed to provide advanced perception for the growing autonomous mobile robot and last-mile delivery markets.
Pär-Olof Johannesson, CEO of TerraNet AB, offers his perspective on how the U.S. presidential election will affect the development of autonomous and electric vehicles worldwide, as well as relations with China.
Wisk said its partnership with NASA is the first of its kind and is intended to address key challenges and create a framework for autonomous passenger flight.
Pony.ai will be working with China FAW Group on design and manufacturing of its robotaxis and autonomous trucks. The company completed Series C fundraising of $267 million.
Nuro, which has developed and is operating its R2 autonomous delivery vehicles in three U.S. states, has raised about $1.5 billion to date.
In Episode 23 of The Robot Report Podcast, our editors discuss robotics in retail with the CEO of Simbe Robotics, autonomous vehicles in shipping yards with Outrider’s CEO, and some of the latest applications of the Spot quadruped.
Motional today resumed its robotaxi service in Las Vegas. The service, which is open to the public, has provided 100,000-plus paid rides via Lyft’s ride-sharing network. Like many other autonomous vehicle efforts, Motional’s service was put on hold in March due to the COVID-19 pandemic. Unlike the Waymo One robotaxi service near Phoenix, Motional’s service…
Volansi, which provides heavy-capacity, long-range, VTOL drone services, delivered temperature-controlled Merck medications in the first part of a three-phase pilot in rural North Carolina.
Kespry said its Kespry Perception Analytics cloud-based system is designed for industries including chemicals, pulp and paper, energy, food and beverage, and ports.
Waymo, the self-driving vehicle technology unit of Google parent Alphabet, is relaunching and expanding access to its fully driverless robotaxi service around Phoenix. Current members of the Waymo One ride-hailing service will now have access to driverless robotaxis and in a few weeks anyone who downloads the Waymo app will too. In other noteworthy changes,…
Einride said that businesses worldwide can pre-order its Autonomous Electric Transport, or AET vehicles, the next generation of its semi-autonomous Pods.
In September 2020, healthcare robotics, drones for inspection, and industrial automation received funding, but transactions slowed for autonomous vehicle developers.
Swedish self-driving truck provider Einride said its Einride Pods are already generating revenue and its Mobility Platform is optimized for electric and autonomous fleets.
Toyota Research Institute – Advanced Development has announced Woven Capital, a new $800 million fund that it said will consolidate support for R&D into smart cities, connected vehicles, and autonomous vehicles.
In August 2020, autonomous vehicles, industrial automation for manufacturing and supply chains, and healthcare robotics continued to receive funding.
Motional, the joint venture of Hyundai Motor Group and Aptiv, said that the additions of nuScenes-lidarsseg and nuImages to the nuSceness dataset will help teach autonomous vehicles how to travel safely.
Luminar Technologies, which has been developing lidar hardware and autonomous vehicle software, is merging with SPAC Gores Metropoulos as it readies its full stack for Volvo’s 2022 models.