Third Wave Automation raises $40M to bring its autonomous forklifts to warehouses – TechCrunch

Reading Time: 6 minutes Fresh off a strategic partnership with Toyota Industries Corporation to build an autonomous forklift, Third Wave Automation has snagged another $40 million from investors. The California-based startup, which was founded in 2018, has raised $40 million in a Series B round led by Norwest Venture Partners, including participation from prior investors Innovation Endeavors and Eclipse, … Read more

Autonomous cargo drone startup Elroy Air lands $40M Series A – TechCrunch

Reading Time: 7 minutes Elroy Air has raised a $40 million Series A, including financing from Lockheed Martin’s venture capital arm, to ramp up the build, testing and validation of its inaugural autonomous cargo drone. The funding round saw participation from Marlinspike Capital and Prosperity7, as well as existing investors Catapult Ventures, DiamondStream Partners, Side X Side Management, Shield … Read more

Union Minister Pralhad Joshi Calls for Restructuring National Mineral Exploration Trust (NMET) as Autonomous Body

Reading Time: < 1 minute Union Minister Pralhad Joshi Calls for Restructuring National Mineral Exploration Trust (NMET) as Autonomous Body – India Education | Latest Education News | Global Educational News | Recent Educational News Home National News Union Minister Pralhad Joshi Calls for Restructuring National Mineral Exploration Trust (NMET) … Read more

Argo AI can now offer the public rides in its autonomous vehicles in California – TechCrunch

Reading Time: 7 minutes Argo AI, the autonomous vehicle technology startup backed by Ford and VW, has landed a permit in California that will allow the company to give people free rides in its self-driving vehicles on the state’s public roads. The California Public Utilities Commission issued the so-called Drivered AV pilot permit earlier this month, according to the … Read more

Kodiak Robotics’ founder says tight focus on autonomous trucks is working – TechCrunch

Reading Time: 8 minutes Kodiak Robotics is one of the last private autonomous vehicles companies focused on trucking that is still standing. Nearly all the rest have been wooed by the public marketplace and the capital it can provide. But co-founder and CEO Don Burnette says the three-year-old company’s strategy of staying focused and small(er) is paying off. It … Read more

Intel’s Mobileye takes its autonomous vehicle testing program to New York City – TechCrunch

Reading Time: 8 minutes Mobileye, a subsidiary of Intel, has expanded its autonomous vehicle testing program to New York City as part of its strategy to develop and deploy the technology. New York City joins a number of other cities including Detroit, Paris, Shanghai and Tokyo where Mobileye has either launched testing or plans to this year. Mobileye launched … Read more

SPACs keep rolling as autonomous vehicle startup Aurora targets blank-check debut with $13B valuation – TechCrunch

Reading Time: 8 minutes Aurora Innovation, the autonomous vehicle startup that acquired Uber’s self-driving unit in December, is going public via a merger with special purpose acquisition company Reinvent Technology Partners Y. The deal announced Thursday confirms TechCrunch’s reporting in June that the startup was in final talks with the SPAC launched by LinkedIn co-founder and investor Reid Hoffman, … Read more

Volkswagen’s new business strategy puts software and autonomous driving front and center – TechCrunch

Reading Time: 6 minutes Volkswagen will ramp up its software, mobility as a service and battery tech to stay competitive in the coming decades, as it and other automakers prepare for the largest transition in personal mobility since the invention of the car. Laying out the company strategy Tuesday, Chief Executive Officer Herbert Diess emphasized a top-to-bottom transformation in … Read more

Ghost raises $100M Series D for autonomous driving and crash prevention tech – TechCrunch

Reading Time: 7 minutes Autonomous driving system developer Ghost Locomotion has raised a $100 million Series D funding round, led by Sutter Hill Ventures. Returning investor Founders Fund also participated in the round, along with Coatue. The money will be used toward R&D as the company continues to develop its highway self-driving and crash prevention technology. Ghost has been … Read more

Pittsburgh’s Locomation puts a convoy twist on autonomous trucking – TechCrunch

Reading Time: 9 minutes The Pittsburgh Strip District, once home to Industrial Age giants Alcoa, Heinz, U.S. Steel and Westinghouse, has evolved over the past decade into a technology and robotics hub, and notably, a testbed of autonomous vehicles.  That activity has more recently spilled out beyond Smallman Street, so-called Robotics Row, past the confines of the Strip District … Read more