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Agriculture AgTech Automotive Autonomous Vehicles Drones North Africa and the Middle East Robotics

Blue White Robotics Raises $37M in Series B Funding

– Blue White Robotics from Tel Aviv provides Robots-as-a-Service (RaaS) that enables farms to run themselves autonomously.
– The company raised $37M in Series B funding.
– The round was led by Insight Partners and Entrée Capital, joined by Clal Insurance, Jesselson Family Office, Peregrine VC, and Regah Ventures.
– The new investment will be aimed at increasing the rapid adoption of these technologies, driving new US sales, and hiring talent for their international team.

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Automotive Autonomous Vehicles Eastern Asia

DeepRoute.ai Raises $300M in Total Funding

– DeepRoute.ai is a self-driving technology company committed to advancing urban logistics and robotaxis.
– The company raised a Series B funding round totaling to more than $300m USD.
– The round was led by Alibaba Group (NYSE: BABA) and other venture capital companies including Jeneration Capital. Previous investors Fosun RZ Capital, Yunqi Partners, and Glory Ventures also participated in the round.
– The new investment will be used to further research and development, scale automaker collaboration and fleet operation, and support the expansion of the team.

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Australia and Oceania Automotive Autonomous Vehicles Electric Vehicle

Tritium Announces AUD$40 million Private Placement Financing by Cigna Investments, Inc.

– Tritium Holdings Pty Ltd (“Tritium”), a global developer and manufacturer of direct current (“DC”) fast charging technology for electric vehicles (“EVs”), announced a AUD$40 million private placement.
– The round was led by Cigna Investments, the investment arm of Cigna Corporation, a U.S.-based global health services company.

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Artificial Intelligence Automotive Autonomous Vehicles North America

Gatik expands autonomous box truck operations to Texas with $85 million in new funds

– Gatik AI, an autonomous vehicle startup, raised $85m in Series B funding.
– The round was led by Koch Disruptive Technologies, the venture arm of Koch Industries.
– Existing investors Innovation Endeavours, Wittington Ventures, FM Capital, Dynamo Ventures, Trucks VC, Intact Ventures and others also participated.
– The company plans to have a presence in multiple cities within Texas.

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Autonomous Vehicles Big Data Information Technology Insurance North America Software

Koop Technologies Raises $2.5M in Seed Funding

– Koop Technologies, a Pittsburgh-based insurance technology startup specializing in autonomous vehicle and robotics risks, raised $2.5M in seed funding.
– The round was led by Ubiquity Ventures, out of Palo Alto, CA, along with Bee Partners, Sure Ventures, WestWave Capital, and a number of strategic angel investors.
– The company intends to use the funds to bring its data-driven insurance platform to more customers in the autonomous vehicle and robotics industries.

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Automotive Autonomous Vehicles North America

RepairSmith Raises $42 Million in Funding; Disrupts the Independent Automotive Repair Market with the Only Full-Service Mobile Solution

– RepairSmith is a disruptive technology startup offering the first and only full-service mobile solution for automotive repair and maintenance.
– RepairSmith has raised a $42m Series B funding round from investors, including TI Capital, Mercedes-Benz, Porsche Ventures, and Spring Mountain Capital.
– The company will use this cash infusion to continue rapid expansion of its service, already available in 650 cities across six states with over 100,000 service appointments completed to date.

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Artificial Intelligence Automotive Autonomous Vehicles Computer Vision Internet of Things Machine Learning North America Robotics Software

Algolux Closes $18.4M Series B Funding

– Algolux, a Montreal, QC, Canada-based computer vision software company, raised $18.4M in Series B funding.
– The round was led by Forte Ventures and Drive Capital with participation from Investissement Quebec, Castor Ventures, Nikon-SBI Innovation Fund, GM Ventures, Generation Ventures and Intact Ventures.
– The company intends to use the funds to achieve the following three goals: accelerate adoption of its products across mobility markets; grow its engineering and customer enabling teams to scale worldwide support; grow its engineering and customer enabling teams to scale worldwide support.

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Automotive Autonomous Vehicles Eastern Asia Software

Venti Technologies Announces $8 Million Funding To Continue Scaling its Autonomous Mobility for Logistics, Supply Chain and Transportation Markets

– Venti Technologies has secured approximately $8m in a seed round funding.
– The financing round was led by LDV Partners and Alpha JWC Ventures, leaders in supporting pioneering technical teams to build winning companies in their spaces.
– The investment will further Venti’s leadership in producing AI-enabled autonomous logistics transport, including fulfilling new and existing customer agreements with PSA Corporation, a global ports operator with 60 ports under management; automotive manufacturers including SAIC Volkswagen and SAIC-GM; the world’s largest automotive logistics provider, SAIC Anji Logistics Tech, and Seedland, a top Asian real estate developer and operator.

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Automotive Autonomous Vehicles North America Software Transportation

Ghost Pulls In $100M Series D Round

– Ghost has announced the closing of a $100m Series D financing.
– Returning investors Sutter Hill Ventures and Founders Fund participated in the round, along with a new commitment from Coatue.
– The financing is fueling the development of its autonomous driving system that features a revolutionary breakthrough in crash prevention.

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Aerospace Autonomous Vehicles Computer Vision Government National Security North America

Anduril Raises $450M in Series D; Valued at $4.6 Billion

– Anduril Industries, an Irvine, Calif.-based defense technology company, raised $450m in Series D funding and a post-money valuation of $4.6b.
– The round was led by Elad Gil with participation from Andreessen Horowitz, 8VC, Founders Fund, General Catalyst, Lux Capital, Valor Equity Partners, and D1 Capital Partners.
– The new investment will be used to develop advanced technologies (AI, computer vision, sensor fusion, optics and automation) to solve some of the most important & complex national security challenges.

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Artificial Intelligence Autonomous Vehicles Central-Eastern Europe Machine Learning Robotics Software

Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots

– Gideon Brothers, a robotics and AI startup, raised $31m in Series A funding.
– The round was led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries Inc., with participation from DB Schenker, Prologis Ventures and Rite-Hite.
– The company will also expand its operations in the EU and U.S. by opening offices in Munich, Germany and Boston, Massachusetts, respectively.

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Autonomous Vehicles Industrial Automation North America Robotics

Realtime Robotics Raises $31.4M in Series A Funding

– Realtime Robotics specializes in autonomous motion planning for industrial robots.
– Company raised $31.4M in Series A funding.
– The round was led by HAHN Automation and SAIC Capital Management, as well as new institutional investors Soundproof Ventures and Heroic Ventures.
– The company will be use the funds to accelerate its product rollouts and continue its investment in innovative enhancements and solutions.

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Autonomous Vehicles Logistics North America Ride Sharing Transportation

Faction Raises $4.3M Seed Round

– Faction Technology from Silicon Valley is a startup that develops driverless solutions based on light electric vehicles.
– The company announced the completion of $4.3m in seed funding led by Trucks Venture Capital and Fifty Years.

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3D Technology Automotive Autonomous Vehicles Western Europe

Scantinel Photonics Raises € 7.5M in Funding

– Scantinel Photonics GmbH from Ulm, Germany develops FMCW LiDAR (Frequency Modulated Continuous Wave) sensors for next-generation LiDAR systems that are a prerequisite to reach a higher level of automation.
– The company raised € 7.5m in funding.
– The round was led by Scania Growth Capital, Scania’s corporate venture capital-fund.
– The company intends to use the funds to continue to further improve FMCW LiDAR technology, and to commercially implement this technology in close cooperation with customers and technology partners.

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3D Technology Automotive Autonomous Vehicles Western Europe

Scantinel Photonics GmbH, a ZEISS Ventures Portfolio-Startup, Announces Series-A Financing Round via Scania Growth Capital as Lead Investor

– Scantinel, a leading LiDAR startup, which develops and produces FMCW LiDAR (Light Detection and Ranging) sensors for the next-generation LiDAR systems for autonomous vehicles (AV) has received growth financing through Scania Growth Capital.
– LiDAR is considered the key technology for safety of autonomous vehicles.
– FMCW LiDAR – a bulky abbreviation for a disruptive technology – will help autonomous driving to achieve a breakthrough and, according to experts, will displace the currently used Time of Light (TOF) LiDAR systems from the market.
– Scantinel offers unique FMCW LiDAR technology that delivers a new dimension of data to make cars safer and, eventually, autonomous.

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Asia Autonomous Vehicles Cyber Security Drones GPS Homeland Security

Israel’s GPS Security Startup infiniDome Announces Closure of Pre-series A Round of Funding

– infiniDome is pleased to announce closure of a pre-series A round of $2.4 Million that includes investments from Next Gear Ventures and Honeywell Ventures.
– The proceeds will help scale infiniDome’s customer engagements in the Commercial Aircraft, UAS/UAV, and UAM market segments.
– Tal Cohen, Ph.D., managing partner at Next Gear Ventures said: “As an early investor in infiniDome, we know we have a truly world class team that would emerge as the leader in the commercial and low SWaP GPS protection market.”
– infiniDome continues to exceed their business goals and we are excited to continue our support of the company and its exceptional growth.

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Autonomous Vehicles Drone Management Drones North America Robotics Sensor

Tangram Vision Raises Pre-Seed Funding Round to Enhance Sensors and Help Robots See the World

– Tangram Vision is announcing that it has raised a pre-seed fundraising round and is launching its sensor management SDK.
– Tangram Vision was founded in 2020 by computer vision veterans and Occipital alumni Brandon Minor and Adam Rodnitzky.
– While at Occipital, they helped to engineer and launch the Structure Sensor & SDK 3D sensing platform.
– After having worked with numerous robotics, drone and autonomous vehicle companies on integrating the Structure Sensor into their platforms, Brandon and Adam realized that there was a significant software gap for sensors.
– The company is building out its sensor management platform to enable developers to connect, manage and monitor their sensors in real time.

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Artificial Intelligence Asia Autonomous Vehicles Computer Vision Mapping Services Software

Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round

– Momenta, a Chinese autonomous driving startup, raised $500m funding.
– The round was led by SAIC Motor, Toyota and Bosch.
– Other participants included Mercedes-Benz AG, Xiaomi founder Lei Jun’s Shunwei Capital, Tencent, Cathay Capital and a few undisclosed institutions.
– It’s rare to see Tencent and Alibaba (or their affiliates) co-invest.

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Autonomous Vehicles Electric Vehicle Europe Logistics Transportation

While eyeing a SPAC, Swedish autonomous EV company Einride nears $75 million in new funding

– Swedish autonomous electric vehicle startup Einride is seeking $75m in new financing.
– The company is also exploring the potential for a public listing through a special purpose acquisition company.

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Autonomous Vehicles Electric Vehicle North America Transportation

URB-E Raises Series A to Bring Containerized Deliveries to the Last Mile Announces Facebook, Apple Exec as CEO

– URB-E raises $5m in Series A round led by UBS Group.
– Charles Jolley joins URB-E as CEO.
– URB-E’s bicycle-powered, collapsible containers are commonplace around New York, enabling fast, clean last-mile delivery for major retailers.
– URB-E’s roll-on-roll-off containers replace an entire delivery van, reducing emissions by 100% and increasing delivery efficiency by 2-3 times.
– URB-E has already deployed a fleet of pedal-powered container systems, with over 1,800 containers moving over 100,000 packages in New York City.

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Artificial Intelligence Automotive Autonomous Vehicles North America

Gatik to winterize self-driving box trucks through partnership with Ontario government

– Gatik, a startup developing an autonomous vehicle stack for B2B short-haul logistics, today announced it has secured CAD$9 million (~$7.12 million), with CAD$1 million coming from a partnership with Ontario’s Autonomous Vehicle Innovation Network (AVIN).
– Gatik says the AVIN collaboration — part of an Ontario government program providing R&D, business, technical, and talent support, as well as vehicle test tracks — will help it understand how inclement weather affects its vehicles’ movements.
– Some experts predict the pandemic will hasten adoption of autonomous vehicles for delivery. Self-driving cars, vans, and trucks promise to minimize the risk of spreading disease by limiting driver contact. This is particularly true with regard to short-haul freight, an estimated 30% of which takes place in snowy and icy conditions.

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Automotive Autonomous Vehicles E-Commerce Europe

Carvolution Raises CHF15M in Series C Funding

– Carvolution is a Bannwil, Canton Bern, Switzerland-based car subscription company.
– The company raised CHF15m in Series C funding.
– The round was led by Francisco Fernandez, founder of the Avaloq Group, as well as Ringier Digital Ventures.
– The new investment will be used to advance product development, continue market expansion, and grow the team.

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Autonomous Vehicles FinTech Freight Service Insurance InsurTech Logistics North America Transportation

Trucking Insurer Koffie Labs Raises $4.5 Million

– Koffie Labs (Koffie), an insurtech focused on reinventing the trucking and transportation markets, today announced it has raised $4.5m in venture financing.
Anthemis Group and Lerer Hippeau led two rounds of seed round financing with participation from 2048 Ventures, Plug and Play Ventures and C2 Ventures.
– Trucking insurance is an essential component of the broader $800b trucking industry and the backbone of the US economy. With commercial auto rates consistently increasing over the last decade, there are few viable options for fleets.
– Koffie uses telematics and advanced safety technology to underwrite trucking companies, rewarding fleets that invest in safety with discounted insurance premiums.

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Artificial Intelligence Autonomous Vehicles Computer Vision Internet North America Real Estate Software

LA-based Metropolis raises $41 million to upgrade parking infrastructure

– LA-based Metropolis raised $41m funding.
– The round was led by 3L and joined by Dragoneer, Starwood, RXR Realty, Dick Costolo and Adam Bain’s 01 Advisors, Slow Ventures, Dan Doctoroff, Baron Davis, and others.
– The company plans to upgrade parking infrastructure with a computer vision-based system that recognizes cars as they enter and leave garages.

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