UK’s self-driving tech sector gets a huge boost thanks to fresh investments

UK’s self-driving tech sector gets a huge boost thanks to fresh investments

Four consortia have been awarded funding totalling £18 million ($22.32 million) to deliver new self-driving technology testing and development facilities in the UK.

Apex.AI receives $15.5 million Series A funding

Apex.AI receives $15.5 million Series A funding

Apex.AI, a company developing self-driving technologies, recently announced that they have secured $15.5 million in a Series A funding round led by Canaan. with participation from their seed investor Lightspeed.

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AdaSky receives $20 million investment from Sungwoo Hitech

AdaSky receives $20 million investment from Sungwoo Hitech

AdaSky, pioneer in Far-Infrared technology (FIR) for autonomous vehicles, announced that it has secured $20 million from lead investor, Sungwoo Hitech Co., Ltd, a leading global automotive supplier.

XPENG Motors and NVIDIA to jointly develop Level 3 autonomous driving in China

XPENG Motors and NVIDIA to jointly develop Level 3 autonomous driving in China

XPENG Motors announced that it has signed a strategic partnership agreement with NVIDIA, the world’s leader in AI computing, and its China partner Desay SV to jointly develop Level 3 autonomous driving technology tailored for the driving environment in China.

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Waymo receives permit to test self-driving vehicles on Californian roads

Waymo receives permit to test self-driving vehicles on Californian roads

Waymo has become the first company to receive permission for testing autonomous vehicles on public roads and highways from the California Department of Motor Vehicles.

Brønnøy Kalk AS to deploy Volvo Trucks’ Autonomous Transport Solution

Brønnøy Kalk AS to deploy Volvo Trucks’ Autonomous Transport Solution

Volvo Trucks has just signed a landmark agreement with Brønnøy Kalk AS in Norway to provide its first commercial autonomous solution transporting limestone from an open pit mine to a nearby port.

Rick Tewell promoted to Chief Operating Officer at Velodyne Lidar

Rick Tewell promoted to Chief Operating Officer at Velodyne Lidar

Velodyne Lidar, Inc. announced the promotion of Rick Tewell to Chief Operating Officer. Tewell assumes leadership of the company’s vast manufacturing efforts at its Megafactory in San Jose, California.

AEye’s iDAR offers improved range as compared to traditional LiDAR

AEye’s iDAR offers improved range as compared to traditional LiDAR

AEye, a developer of artificial perception systems as also of iDAR, announced a major breakthrough in long-range threat detection and safety.