DeepRoute.ai Closes $300M Series B Funding, Plans to Scale Urban Logistics and Fleet Operation
September 14, 2021
DeepRoute.ai, which raised $100 million in addition to the stake that Alibaba acquired last month, plans to grow its urban robotaxi and autonomous truck operations.
Top 10 Robotics and Autonomous Vehicle Transactions of August 2021
September 8, 2021
In August 2021, the total number of deals and their dollar value fell from the previous month, but industrial automation, self-driving cars, and logistics still thrived.
Alibaba Group Buys Stake in Autonomous Robotaxi Firm DeepRoute
August 27, 2021
DeepRoute, which says it is developing "full-stack" autonomous driving, is the latest startup to receive funding from e-commerce company Alibaba, "China's Amazon."