Oculii, the leading provider of advanced AI software for radar perception, has announced a $55 million Series B funding round. The round was co-led by Catapult Ventures and Conductive Ventures, with participation from Taiwania Capital, Susquehanna Investment Group (SIG), HELLA Ventures, PHI-Zoyi Capital, R7 Partners, VectoIQ, ACVC Partners, Mesh Ventures, Schox Ventures, and Signature Bank.… Read More »

With the introduction of Argo Lidar, the global self-driving technology company Argo AI has overcome the limitations preventing most competitors from commercializing autonomous delivery and ride-hail services. By detecting the most difficult-to-see objects from farther away and with more precision, the Argo Self-Driving System (SDS) is capable of 360-degrees awareness day or night and can… Read More »

With more than 90 million 24GHz sensors, HELLA, the internationally positioned automotive supplier, is one of the world’s largest radar sensor suppliers. With the introduction of the 77GHz radar sensors, the company is now further expanding its leading position in the field of radar technology as series production of the latest 77GHz radar technology for… Read More »

So, it would be cheaper if you drive your car by yourself? Read the original article

Einride, the Swedish startup known for its unusual-looking electric and autonomous pods that are designed to carry freight, has raised $110 million to help fund its expansion in Europe and into the United States. The Series B round, which far exceeds its previous raises of $10 million in 2020 and $25 million in 2019, included… Read More »

The rapid advancement of Autonomous Vehicles (AV) technology in recent years has changed transport systems and consumer habits globally. As countries worldwide see a surge in AV usage, the rise of shared Autonomous Mobility on Demand (AMoD) service is likely to be next on the cards. Public Transit (PT), a critical component of urban transportation,… Read More »

Oxbotica and Navtech have launched Terran360, the world’s first all-weather radar localization solution for industrial autonomous vehicles, with the pioneering technology typically accurate to <10cm on any vehicle, in any environment. Combining Navtech’s patented FMCW radar sensor and Oxbotica’s autonomy software platform, Terran360 is an entirely new offering to the off-road autonomy market. It utilizes… Read More »

Bloomberg wrote a great headline: “The Race to Build Self-Driving Trucks Has Four Horses and Three Jockeys.” The article itself is mainly about robotaxis vs. autonomous trucks, but it’s worth reading for one infographic. I used data from Transport Topics to create a similar infographic here, but you should click through to the original Bloomberg… Read More »