Search Results: woven city

Toyota’s Woven Planet Unit Acquires CARMERA for Autonomous Vehicle Mapping

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Woven Planet Holdings Inc., a subsidiary of Toyota Motor Corp., yesterday said it is acquiring CARMERA Inc., which specializes in spatial artificial intelligence for automated mobility. CARMERA will join Woven Planet Group as a wholly-owned subsidiary, expanding the company’s footprint beyond its Tokyo headquarters by adding New York and Seattle offices to its planned offices in Silicon Valley and London.…

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Toyota Unit Woven Planet to Acquire Lyft’s Level 5 Autonomous Driving Division for $550M

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Woven Planet Holdings Inc., a subsidiary of Toyota Motor Corp., said yesterday that it has agreed to acquire Level 5, the self-driving division of ride-hailing company Lyft Inc. This marks the first major deal for the newly established Woven Planet and continuing consolidation in the autonomous vehicle space. Woven Planet Group launched in January 2021 as an expansion of the…

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Nuro Raises $600M in Series D Funding for Self-Driving Delivery Vehicles

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…could make streets safer and cities more livable. Nuro moves toward commercialization Nuro said its “fundamental rethinking of autonomous vehicles and the opportunity to transform local commerce has garnered attention from prominent commercial partners in a variety of industries.” Nuro has piloted autonomous local delivery for communities in Texas, Arizona, and California. Earlier this year, the company announced a $40…

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