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Topic: Transportation


ZongMu Raises $190M Series D for Autonomous Driving and Parking
ZongMu Technology, which supplies advanced driver-assist systems and autonomous parking capabilities to Chinese automakers, is valued at $11 billion.

DiDi Autonomous Driving to Raise $300M, Bringing Valuation to $1.1B
DiDi Autonomous Driving, a spinoff of ride-hailing firm DiDi Chuxing, has been partnering on the development of electric, autonomous vehicles and been conducting testing in China.

Ottopia Announces Availability of Teleoperation Software on NVIDIA DRIVE AGX
Ottopia claimed that its software, which is now available on NVIDIA's DRIVE AGX platform, can enable safe teleoperation of any system.

AutoX Discusses First 100 Days of RoboTaxi Service Without Safety Drivers
As AutoX and other autonomous vehicle developers move to testing without safety drivers, it has begun receiving favorable feedback for its driverless ride-hailing service.

Pony.ai and Luminar Technologies Partner on Sensors for Robotaxi Testing in Five Cities
Pony.ai said its partnership with Luminar for 360-degree lidar sensing will enable it to expand its robotaxi testing globally.

Autonomous Trucking Firm Plus to Enter SPAC Merger, be Valued at $3.3B
Plus said its SPAC deal will provide $500 million in gross proceeds to help it accelerate commercialization of its autonomous truck technology and expand global operations.

Oculii Offers AI-Powered 4D Radar for Autonomous Vehicle Guidance, Raises $55M Series B Funding
Oculii, which has developed AI software for radar perception, has raised Series B funding as it launches two products intended to help autonomous systems navigate.

AutoX Marks 100 Days of Fully Autonomous RoboTaxi Service in Shenzhen, China
AutoX said it is only the second company to get permission for such driverless vehicle rides, and it has received favorable feedback so far.

Einride Raises $110M Series B Toward the Autonomous Freight of the Future
Einride said its electric, autonomous Pods are safer, more environmentally sustainable, and more cost-efficient than conventional trucks. The company plans to expand its deployments in Europe and the U.S.

Top 10 Robotics Transactions of April 2021
Even not including the largest deals in AI and autonomous vehicles from April 2021, the month still featured multimillion-dollar transactions in exoskeletons, delivery robots, and surgical systems.

Toyota Unit Woven Planet to Acquire Lyft’s Level 5 Autonomous Driving Division for $550M
Woven Planet Group, a new mobility unit of Toyota, is buying Lyft's Level 5 division as investments and consolidation continue in the self-driving space.

Navya and REE Automotive Agree to Develop Level 4 Autonomous Vehicles
Self-driving systems provider Navya will work with REE Automotive's REEcorner technology for Level 4 autonomous vehicles.

AutoX and Honda China Collaborate on Autonomous Vehicle Testing on Public Roads
AutoX, which is already offering robotaxi services in China, is working with Honda China to continue self-driving car development.

Walmart Joins $750M Investment in Autonomous Vehicle Firm Cruise
Cruise, which has been developing autonomous vehicles with General Motors, has raised its valuation to $30 billion.

TuSimple Readies for $1.1B Self-Driving Truck IPO
TuSimple said its software and services for autonomous trucking can address safety, labor shortages, and sustainability.

Aurora and Volvo Partner to Accelerate the Deployment of Autonomous Trucks
Volvo Autonomous Solutions has partnered with Aurora to jointly develop and deploy an autonomous system for hub-to-hub transportation in North America.

Embark Universal Interface Designed to Add Self-Driving Tech to Existing Trucks
The Embark Universal Interface will accelerate the adoption of self-driving technology across carriers, says Embark.

ACIENNA, Point One Navigation Launch OpenARC for Precise Positioning
ACIENNA says its new OpenARC positioning system combines its hardware and software with Point One's cloud correction service.

Parkopedia Announces Production Version of Indoor Mapping Services for Automotive Navigation
Use cases for Parkopedia's mapping services include in-vehicle indoor navigation, precise indoor positioning, and automated valet parking. The launch follows successful projects with leading car manufacturers and years of testing.

Siemens Partnership Fuels Autonomous Vehicle Development
Software giant provides MaRS innovation hub access to Xcelerator portfolio, accelerating development through widespread use of simulation and data management.



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