Recogni, a startup designing an AI-powered vision recognition module for autonomous vehicles, today announced it raised $48.9 million. The company says the funds will help it bring its perception product to market while expanding the size of its engineering and go-to-market teams.Read More
Edgybees, a provider of georegistration and augmented reality tools for drone operators, today announced that it raised $9.5 million, bringing its total raised to $15 million. The company says the proceeds will be used to drive product research, expand global adoption, and support an “aggressive” hiring strategy.Read More
Self-driving car startup Pony.ai today announced it has raised $100 million in an extension of its series C round. The funds bring the company’s total raised to over $1 billion at a post-money valuation of $5.3 billion, up from $3 billion as of February 2020.
Some experts predict the pandemic will hasten the adoption of autonomous transportation technologies. Despite needing disinfection, driverless cars can potentially minimize the risk of spreading disease. For example, Pony.ai says it has delivered more than 15,000 packages of food and health kits in California during the COVID-19 health crisis.
Wingcopter, a Darmstadt, Germany-based drone manufacturer, today announced that it raised $22 million in a funding round led by Xplorer Capital and Futury Regio Growth Fund. The company says it will use the proceeds to expand its health care-related activities (including the distribution of COVID-19 vaccines), prepare for the launch of its next-gen drones, set up a partially automated production facility, and grow its team at a new U.S. complex.Read More
Self-driving startup Aurora today announced a partnership with PacCar to build and deploy autonomous trucks. It’s Aurora’s first commercial application in trucking, and the company says it will combine its engineering teams around an “accelerated development program” to create driverless-capable trucks starting with the Peterbilt 479 and the Kenworth T680.Read More
Icuro have designed an affordable artificial intelligence (AI) powered mobile robot for precision sanitization of any indoor area. For any commercial buildings, facilities, offices, restaurants, and schools, our robot can sanitize with a fog spray of the disinfectant solution while navigating around tables, chairs, or fixed objects.Read More