Plus

Plus and IVECO are working with a European drugstore chain and DSV, a transport and logistics provider, on the pilot.

Four companies developing autonomous vehicles for various uses have made big announcements relating to their business in China this week.

Samir Menon, founder and CEO of Dexterity, joined The Robot Report Podcast to discuss the company’s full-stack robotic picking systems. The show also discussed how China’s new regulations killed an autonomous vehicle SPAC.

Plus and blank check firm Hennessy Capital Investment Corp. terminated their SPAC merger. The companies said this was a mutual decision made because of “recent developments in the regulatory environment outside of the United States.”

Calif.-based Plus is hopping on the SPAC train. The startup, which is developing self-driving truck technology, is being acquired by Hennessy Capital Investment Corp. V, a publicly-traded special purpose acquisition company (SPAC). If the deal is approved, the combined company will be valued at $3.3 billion and trade on the New York Stock Exchange under…

Plus, a developer of autonomous truck technology, added $220 million in funding. This is an extension to the $200 million round raised in February 2021, bringing the round to a total of $420 million. Plus has now raised about $620 million since it was founded in 2016. The new financing was co-led by FountainVest Partners…

Plus, a developer of autonomous truck technology, raised $200 million in funding. The round was led by new investors Guotai Junan International, CPE, and Wanxiang International Investment. Existing investors also participated. Plus told The Robot Report it has now raised about $400 million since it was founded in 2016. The Cupertino, Calif.-based company just raised…