As e-bikes boom, FuroSystems raises its first venture funding round ahead of a new model launch

With COVID-19 making commuters switch to bikes, and cities wanting cleaner air, the e-bike revolution is only just getting started. Further evidence of this is the news that today British e-bike manufacturer FuroSystems has closed its first institutional venture funding round of £750,000 with participation by TSP Ventures and European impact investment bank ClearlySo, as well as a number of angel investors.

Computer vision startup Chooch.ai scores $20M Series A

“Basically we set out to copy human visual intelligence in machines. That’s really what this whole journey is about,” CEO and co-founder Emrah Gultekin explained.

Aptera Snags an Additional $1 Million in Capital to Manufacture Efficient Never Charge Solar Vehicle

Aptera secured an additional $1 million in capital to supplement its previous WeFunder crowdfunding raise of $389,496.

DoorDash files for IPO and hints at driverless future

There are some interesting tidbits in DoorDash’s prospectus, including its history of net losses, a warning that it may struggle with profitability, and its future plans to use drones and autonomous vehicles.

E-scooter startup Tier raises $250 million round led by SoftBank Vision Fund 2

Tier now operates in 80 cities across 10 countries, with 60,000 electric scooters available in the app.

Self-driving delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce

Early last year Nuro raised $940 million from SoftBank and a source close to the company said the valuation doubled from that last funding round to $5 billion.

Chinese driverless car firm Pony.ai valued at $5.3 billion after new cash injection

The company, which has headquarters in California and the southern Chinese city of Guangzhou, has been testing autonomous cars on the roads.

Applied Intuition Reaches $1.25 Billion Valuation In New Funding For Its Autonomous Vehicle Testing Software

As Tesla, Waymo and others jockey for positioning in the race to take self-driving vehicles mainstream, a lesser-known Bay Area startup has reached “unicorn” status by offering the industry the software needed to run autonomous tests.

EV charging network ChargePoint to go public at $2.4 billion valuation

Will launch via SPAC, similar to Fisker, Nikola, Lordstown and Canoo.

Lidar sensor manufacturer Ouster raises $42 million

Lidar sensors are at the core of autonomous vehicle systems like those from Waymo, Uber, Aurora, and Cruise.

Yandex spins out self-driving car unit from its Uber JV, invests $150M into new company

Yandex says it’s doubling down on more focused investment in self-driving.

Chinese EV startup Xpeng Motors raises $1.5 billion in US public market debut

Chinese electric vehicle startup Xpeng Inc. raised $1.5 billion through an initial public offering in the U.S. as investor interest in EVs and clean energy outstripped concerns over escalating tensions between the U.S. and China.

Automotive sensor maker Luminar to go public via special-purpose company with $2.9 billion valuation

The deal includes $400 million of cash from Gores Metropoulos and $170 million financing by investors.

Xos Trucks raises $20M to put more of its electric commercial trucks on the road

Xos will use the funding to ramp up production ahead of potential new demand fueled by a landmark emissions rule adopted by California.

Lordstown Motors will go public by merging with DiamondPeak Holdings

The company will be listed under the ticker symbol 'RIDE'.

Self-driving startup Argo AI hits $7.5 billion valuation

Just a little more than three years after the company burst on the scene with a $1 billion investment from Ford.

This Was Supposed to Be the Year Driverless Cars Went Mainstream

Perfecting the technology has taken longer than expected. The coronavirus pandemic has made it even more difficult.

Waymo Adds $750 Million to War Chest as Driverless Cars Prove Tough to Deploy

The unit of Google-parent Alphabet and other major players are drawing much of the investment in the field.

OctoML raises $15M to make optimizing ML models easier

The core idea behind OctoML is to use machine learning to optimize machine learning models so they can more efficiently run on different types of hardware.

Addionics, a startup creating ‘next-gen’ batteries for electric cars and more, raises $6M

Addionics, an Israeli/U.K. startup that is developed next-generation rechargeable batteries for electric vehicles and other applications, has raised $6 million in funding.

Aptiv and Hyundai Motor Group Complete Formation of Autonomous Driving Joint Venture

The name of the joint venture will be announced at a later date.

You Have Four More Days To Invest In This Funky 3-Wheeled "Never Charge" Electric Car

Aptera Motors is using crowdfunding to begin production of their solar powered two-seater.

TuSimple, ZF partner to develop and produce autonomous truck technologies

Together, the companies hope to accelerate self-driving tech developed specifically for trucks and large vehicles with true driverless tests starting in 2021.

ABB completes Chargedot acquisition

Global electrical equipment giant ABB has completed its acquisition of Chinese EV charging provider Chargedot.

The Failure Of This Self-Driving Truck Company Tells You All You Need To Know About Self-Driving Vehicles

Starsky Robotics co-founder has some unusually sensible and honest things to say about the self-driving truck industry.

Video: Waymo Is Failing

Waymo has partnered with Transdev to hire a fleet of drivers for its 'robotaxi' network.

Blickfeld ramping up LiDAR production with Series A funding

Blickfeld, a Munich-based startup developing LiDAR sensors for a variety of applications, including autonomous vehicles, has closed a Series A financing round.

Neolix raises $29 million to mass-produce autonomous delivery shuttles

Neolix Technologies, a self-driving logistics startup based primarily in Beijing, today confirmed that it closed a roughly RMB 200 million ($29 million) series A+ financing round in February of this year.

Alphabet's Waymo shows new Jaguar cars on the heels of investment round

Waymo was Google's self-driving car division until 2016, when it became an independent company under Google-parent Alphabet. Overall, the group has spent more than a decade working on self-driving technology, and is just starting to commercialize the technology now.

Autonomous driving startup Pony.ai raises $500 million in Toyota-led funding

Autonomous driving firm Pony.ai has raised around $500 million in its latest funding round, led by an investment by Japan’s largest automaker Toyota Motor Corp, two people with direct knowledge of the matter told Reuters.

Nuro Raises $92 Million for Adorable Autonomous Delivery Vehicles

Somewhere between a delivery truck and a sidewalk robot, Nuro's robotic vehicles want to deliver your groceries.