Autonomous vehicle company Aurora Innovation sent offers Thursday to more than 75% of employees at Uber Advanced Technologies Group, just a week after announcing plans to acquire the self-driving subsidiary, according to a source familiar with the post-merger integration plans. Uber ATG Toronto, which employs about 50 people where the subsidiary conducted its research and… Continue reading Aurora sends offers to majority of Uber ATG employees, but not the R&D lab
Author: Tech Crunch Online News
Bolt raises $182M to expand its on-demand transportation network in Europe and Africa
In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and on bikes across developed and emerging markets in EMEA is announcing a major round of funding. Bolt, which covers 200 cities in 40… Continue reading Bolt raises $182M to expand its on-demand transportation network in Europe and Africa
Inside Zoox’s six-year ride from prototype to product
Zoox, the autonomous vehicle company that was acquired this year by Amazon, revealed this week the product of six years of work: A purpose-built self-driving vehicle designed to carry people — and someday maybe even packages — in dense urban environments. The company’s story has captured the attention of skeptics and supporters alike, perhaps because… Continue reading Inside Zoox’s six-year ride from prototype to product
Dott to expand beyond e-scooters with bike-sharing service
Dott is better known for its electric scooter service that is available in a few cities across Europe. But the company is working on electric bikes and wants to launch a bike-sharing service in London and Paris in March 2021. Dott currently doesn’t operate in London. So it looks like it’ll be the company’s 16th… Continue reading Dott to expand beyond e-scooters with bike-sharing service
Amazon’s Zoox unveils electric robotaxi that can travel up to 75 mph
Six years ago, Zoox launched quietly with a mighty mission: build and commercialize just about every aspect of a robotaxi service from the self-driving software stack and on-demand ride-sharing app to the management of the fleet and an unconventional vehicle that would transport passengers. Now, it’s finally lifting the veil on its multi-year effort. Zoox,… Continue reading Amazon’s Zoox unveils electric robotaxi that can travel up to 75 mph
Ola to invest $327M to set up ‘the world’s largest scooter factory’ in Tamil Nadu
Ola said on Monday that it has signed a memorandum of understanding with the government of Tamil Nadu in India to set up what it claims would be the “world’s largest scooter manufacturing facility” in the South Indian state as the Indian ride-hailing firm begins a new push with electric vehicles. The SoftBank-backed Indian ride-hailing… Continue reading Ola to invest $327M to set up ‘the world’s largest scooter factory’ in Tamil Nadu
Daily Crunch: Hyundai acquires 80% stake in Boston Robotics
Hyundai takes a controlling stake in an iconic robotics company, Twitter acquires a screen-sharing startup and we round up some security-themed gift ideas. This is your Daily Crunch for December 11, 2020. The big story: Hyundai acquires 80% stake in Boston Robotics Boston Robotics is behind a number of impressive robots, including the dog-like quadruped… Continue reading Daily Crunch: Hyundai acquires 80% stake in Boston Robotics
In&motion raises $12 million for its wearable airbag systems
French startup In&motion has raised a $12 million (€10 million) funding round led by Upfront Ventures, with 360 Capital also participating. The company has been working on wearable airbag systems for motorbikes. Integrated in a vest, the airbag is completely autonomous and can detect crashes in 60 milliseconds. The company has worked on a device… Continue reading In&motion raises $12 million for its wearable airbag systems
UK electric vehicle startup Arrival picks Charlotte for its North American headquarters
Arrival, the U.K. electric vehicle startup that plans to become a publicly traded company through a merger with special purpose acquisition company CIIG Merger Corp., has picked Charlotte for its North American headquarters. The company said it will add 150 new employees to support the headquarters and invest about $3 million in office space in… Continue reading UK electric vehicle startup Arrival picks Charlotte for its North American headquarters
Used car marketplace Carsome gets $30 million Series D for its Southeast Asia growth plans
Carsome, which bills itself as Southeast Asia’s largest e-commerce platform for used cars, announced it has closed a $30 million Series D. The funding was led by Asia Partners, with participation from returning investors Burda Principal Investments and Ondine Capital. The startup described this as one of the largest “all-equity financings to date in Southeast… Continue reading Used car marketplace Carsome gets $30 million Series D for its Southeast Asia growth plans