Found in News & Content, with a score of 12.03
…public such as Aurora, AutoStore, Berkshire Gray, DiDi, DoorDash, JD Logistics, Uber, and WeWork. More transaction details The minimum cash of the transaction is fully covered by the $405 million of committed equity capital that Symbotic and SVFC have raised, reducing potential transaction uncertainty. Symbotic also expects to receive an additional $174 million in cash from Walmart by the end of December to be used for general corporate purposes as a result of Walmart gross exercising warrants it holds in…
Found in News & Content, with a score of 22.52
…Notable investments around robotaxis so far this year include WeRide's $310 million Series C round, DiDi Autonomus Driving's $300 million financing, DeepRoute's $300 million Series B funding, and Alibaba Group Ltd.'s $200 million stake in DeepRoute.
Found in News & Content, with a score of 16.72
…Toast, Stripe, ByteDance, Warby Parker, Flipkart, and DiDi. Tiger Global is based in New York and has affiliate offices in Hong Kong, Beijing, Singapore, and Bangalore. Mobile robot market keeps rolling Mobile robot companies have raised more than $1 billion so far this year. Top deals included GreyOrange's planned $500 million initial public offering (IPO), Zebra Technology's acquisition of Fetch Robotics for $290 million, Locus' $150 million Series E, and ForwardX's $38 million Series B round. The global market for…
Found in News & Content, with a score of 15.46
…$550 million, Momenta's $500 million fundraising, and DiDi Autonomous Driving's $300 million round. Xpeng said it plans to plans to use the net proceeds from its global offering to expand its product portfolio and develop more advanced technologies. It also intends to accelerate its business expansion by enhancing brand recognition, acquiring customers through omni-channel marketing strategies, and expanding its sales and service touch points both domestically and internationally. In addition, Xpeng said it will expand production capacity, upgrade facilities, and…
Found in News & Content, with a score of 20.65
…have obtained billions in investment include Uber, Didi Chuxing, Tesla, and Cruise. The global market for autonomous vehicles will experience a 64.5% compound annual growth rate (CAGR) between 2020 and 2027, said Precedence Research. Similarly, Grand View Research predicted a 63.1% CAGR, from about 6,700 units in 2020. “Experience has taught us so much, and we agree with those experts who say there’s no greater challenge in artificial intelligence than building and deploying fully autonomous technology at scale,” said Tekedra…
Found in News & Content, with a score of 98.67
DiDi Autonomous Driving has reportedly completed a $300 million (U.S.) financing round, bringing its total funding to more than $1.1 billion. The spinoff of Beijing-based ride-hailing firm DiDi Chuxing Technology Co. has been developing hardware and software for autonomous vehicles. DiDi Chuxing said it launched its autonomous driving project in 2016 and upgraded it to a wholly owned subsidiary in 2019. In June 2020, DiDi Autonomous Driving launched an on-demand robotaxi service in Shanghai. In March 2021, the company announced…
