Self-driving delivery vehicle startup Boxbot raised $7.5 million in seed funding in a round led by Artiman Ventures, with participation from Pear Ventures, Afore Capital, Ironfire Ventures, and The House Fund. The round also included an investment from Toyota AI Ventures, a subsidiary of the
Pony.ai has closed a Series A funding round of $112 million, co-led by Morningside Venture Capital and Legend Capital. Seed round lead investor Sequoia China and investor IDG Capital also participated in the round, along with Hongtai Capital, Legend Star, Puhua Capital, Polaris Capital, DCM
Vehicle technology supplier Delphi Automotive announced that it has signed an agreement to acquire nuTonomy, Inc. for an upfront purchase price of $400 million and earn-outs totaling approximately $50 million. nuTonomy is a leading developer of state-of-the-art software for self-driving vehicles. It was founded in 2013
AI transportation startup Drive.ai has announced the close of $15 million in Series B financing. Drive.ai is a Silicon Valley startup that aims to “build the brain of self-driving vehicles,” creating hardware and software that applies deep learning throughout its driving system. Its system will