Realtime Robotics, a Boston MA-based company which specializes in autonomous motion planning for industrial robots, raised $31.4M in Series A funding. New strategic investors including HAHN Automation and SAIC Capital Management, as well as new institutional investors Soundproof Ventures and Heroic Ventures, joined existing investors SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures… Continue reading Realtime Robotics Raises $31.4M in Series A Funding
Tag: Autonomous
Tesla disrupted by traditional mechanics
A Tesla electric vehicle (EV) drives past a crossing in Shanghai, China March 9, 2021. REUTERS/Aly Song/File Photo – RC2WIN94V64E Tesla (TSLA.O) is discovering that even new carmakers can suffer old problems. The electric-car maker’s China orders nearly halved in May from a month earlier, The Information reported on Thursday, after jitters over its quality… Continue reading Tesla disrupted by traditional mechanics
Watch Tesla Autopilot Get Bamboozled by a Truck Hauling Traffic Lights
Who put all these traffic lights in the middle of the road? Stop and Go A Tesla Model 3 owner encountered an unusual glitch while using the Autopilot assisted driving system on the highway: The car seemed to detect an endless trail of traffic lights all the way down the road as it traveled upwards… Continue reading Watch Tesla Autopilot Get Bamboozled by a Truck Hauling Traffic Lights
Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality
Toyota AI Ventures, Toyota’s standalone venture capital fund, has dropped the “AI” and is reborn as, simply, Toyota Ventures. The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. The introduction… Continue reading Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality
Aurora brings in outsiders to boost safety efforts, public trust of driverless vehicles
Aurora, the autonomous vehicle company that acquired Uber ATG last year, has assembled a team of outside experts, shared new details about its operations in a self-assessment safety report and launched a website as part of a broader effort to win over consumers wary of the technology that they may someday share the road with, or… Continue reading Aurora brings in outsiders to boost safety efforts, public trust of driverless vehicles
Waymo’s driverless taxi service can now be accessed on Google Maps
Waymo One, the ride-hailing service that uses driverless vehicles in the suburbs of Phoenix, can now be accessed and booked through Google Maps. This will be the first fully autonomous ride-hailing option available in the app, which will roll out first to Android users, Waymo said Thursday. The team-up not only brings together two Alphabet… Continue reading Waymo’s driverless taxi service can now be accessed on Google Maps
Beijing’s self-driving vehicle test mileage tops 3m km
A passenger gets ready to board an Apollo Go Robotaxi, operated by Baidu, in Beijing. [Photo/Xinhua] BEIJING – The safety test mileage of Beijing’s self-driving vehicles has exceeded 3 million km to date, equivalent to going about 75 times around the equator. Currently, the city has 226 routes for testing self-driving vehicles, totaling approximately 752.4… Continue reading Beijing’s self-driving vehicle test mileage tops 3m km
@Toyota: Next Leg of our Journey: We are Toyota Ventures
Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has. — Margaret Mead In 2017, we started Toyota’s first standalone venture capital firm with a vision and a passion for change — embarking on a mission to discover what’s next for Toyota. Today,… Continue reading @Toyota: Next Leg of our Journey: We are Toyota Ventures
@Toyota: Toyota AI Ventures announces rebrand as Toyota Ventures and an additional $300M to invest in emerging technologies and carbon neutrality
Launch of the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund brings firm’s total assets under management to more than $500M Los Altos, Calif., June 3, 2021 – Toyota’s first standalone, early-stage venture capital firm, Toyota AI Ventures, will change its name to Toyota Ventures and grow its total assets under management to… Continue reading @Toyota: Toyota AI Ventures announces rebrand as Toyota Ventures and an additional $300M to invest in emerging technologies and carbon neutrality
Xiaomi-Backed Fund Invests in Autonomous Driving Startup Zongmu
(Bloomberg) — An investment fund backed by Xiaomi Corp. is among a new slew of investors in Zongmu Technology Shanghai Co. as the Chinese autonomous driving system startup raised $190 million in its latest funding round. Zongmu conducted the series D fundraising in three stages and Hubei Xiaomi Changjiang Industrial Investment Fund Management Co. led… Continue reading Xiaomi-Backed Fund Invests in Autonomous Driving Startup Zongmu