Found in News & Content, with a score of 18.56
…In February 2022, Mobility Forus began operating Toyota Poaces vehicles north of the Arctic Circle using Holo's data and supervision platform and Sensible 4's software. In addition, Sensible 4 supported a successful self-driving shuttle bus pilot in Tampere, Finland. EIB invests in sustainable transport The European Investment Bank's loan is part of the European Guarantee Fund’s venture debt product to provide liquidity to small and medium-sized companies affected by the COVID-19 pandemic. “The automotive industry, including autonomous driving, is going…
Found in News & Content, with a score of 10.23
…early-stage investments in robotics made by VCs [venture capital firms] have generally generated poor returns over time. However, as robotics and AI technology has developed and new application areas have emerged, we are seeing profitability, success, and more ETFs based on the theme. In the U.S., there are well over half-a-dozen ETFs focused on robotics and/or AI. The largest ETF in the U.S. is BOTZ, which tracks our Indxx Global Robotics & Artificial Intelligence Thematic Index and has AUM [assets…
Found in News & Content, with a score of 46.91
…of the open-source Robot Operating System. Daimler Truck has joined previously announced strategic investors, including Toyota Ventures, Volvo Group Venture Capital, Jaguar Land Rover’s InMotion Ventures, Airbus Ventures, Continental AG, ZF, AGCO, and HELLA Ventures. Robotics 24/7 has tracked more than $2.6 billion in autonomous vehicle transactions to date in 2022. The global market for self-driving trucks alone could surpass $2.5 billion by 2028, according to Global Market Insights Inc.
Found in News & Content, with a score of 30.95
…commercial scale,” said Nicholson. Investors ROBO Global Ventures and Presidio Ventures led SLAMcore's Series A round. Other investors included Amadeus Capital, Global Brain, IP Group, MMC, and Octopus. Strategic investors Samsung Ventures, Toyota Ventures, and Yamato Holdings also joined the round. “The robotics market is exploding,” said Lisa Chai, a partner at ROBO Global Ventures. “Vision-based spatial intelligence is a key enabler that will turbo-charge this industry.” Kuni Kawase, managing director of Presidio Ventures, added: “SLAMcore’s technology can be deployed…
Found in News & Content, with a score of 87.10
Toyota Ventures yesterday launched its third global “call for innovation” to search for early-stage companies that can help make the “factory of the future” a reality sooner. Qualified entrepreneurs can apply for an opportunity to receive between $500,000 and $2 million in funding from Toyota Ventures. “We take a founder-first approach to investing, partnering with entrepreneurs to help them bring disruptive technologies and business models to market more quickly,” said Jim Adler, founding managing director of Toyota Ventures. “With the…
Found in News & Content, with a score of 10.83
…offices in San Francisco and Athens, include Toyota AI Ventures, Samsung NEXT, and iRobot. ElliQ actively engages with users Intuition Robotics has spent more than five years developing and beta-testing ElliQ with older adults. Combining psychology, behavioral sciences, and advanced cognitive AI capabilities, ElliQ is designed to connect older adults to their families, caregivers, and the outside world. Through acknowledgement, proactive engagement, and referencing previous conversations, ElliQ is more of a presence that accompanies seniors, as opposed to just another…
Found in News & Content, with a score of 17.20
…firm Aptiv formed Motional as a joint venture in 2020. The Boston-based company is developing SAE Level 4 autonomous vehicles for robotaxi providers and fleet operators. It claimed that its achievements include the first fully-autonomous cross-country drive in the U.S, the launch of the world's first robotaxi pilot, and more than 100,000 public rides. In November 2021, Motional announced plans to partner with Lyft Inc. on robotaxi service in Las Vegas by 2023. Via helps cities digitize transportation The new…
Found in News & Content, with a score of 51.10
…the future of local farming Strategic and venture investors Toyota Ventures, Flybridge, Hampton VC (founded by Sam Parr and Joe Speiser), E²JDJ, and Momenta contributed to Agtonomy's Seed II round. Existing investors GV (formerly Google Ventures) and Grit Ventures also participated in the new round. “Our commitment to sustainability and the future of autonomy, battery and EV technology makes Agtonomy a perfectly aligned investment for our growing portfolio,” stated Jim Adler, the founding managing director of Toyota Ventures. “We see…
Found in News & Content, with a score of 15.21
…from global brands including Ingram Micro and Toyota. The company has added a number of experts in commerce and robotics to its team as it prepares to go to market. HDS Global’s company directors include Craig A. Leavitt, former CEO of Kate Spade, and Sujeet Chand, chief technology officer (CTO) of Rockwell Automation. HDS Global said its advisors include Bob DiRomualdo, chairperson and CEO of Naples Ventures and former chairman of the board of directors at Ulta Beauty, plus Rudy…
Found in News & Content, with a score of 32.12
…included ZF, Continental AG, AGCO, Canaan, Lightspeed Venture Partners, Airbus Ventures, and Jaguar Land Rover’s InMotion Ventures. Other previously announced investors included Volvo Group Venture Capital, Toyota Ventures, and HELLA Ventures. “We have a lot of strategic investors, predicated on technology partnerships,” said Becker. “All of these relationships have been built up over quite some time.” “Based on the Apex.OS, we can offer our customers an additional ZF Middleware option,” said Nico Hartmann, head of the ZF Global Software Center.…
Found in News & Content, with a score of 19.05
…Motional began in 2020 as a joint venture between Hyundai Motor Group and Aptiv and is developing SAE Level 4 autonomous robotaxis. The Boston-based startup said it has set industry milestones including the first fully autonomous cross-country drive in the U.S, the world's first robotaxi pilot, and the operation of a fleet conducting over 100,000 public rides. “Lyft’s powerful network is the ideal platform for deploying autonomous vehicles at scale. Motional’s driverless tech, combined with Lyft’s marketplace engine, brings us…
Found in News & Content, with a score of 23.41
…driving technology developer include major automakers and venture capital firms. “We are honored to have partnered with many leading global automakers and Tier 1 suppliers for strategic investments,” stated Cao Xudong, CEO of Momenta. “This financing marks a milestone for Momenta. The company's autonomous driving products and R&D capabilities have been recognized by customers around the world. The addition of these partners and capital will help us accelerate the implementation of autonomous driving on a larger scale.” Momenta readies for…
