Wayve, a UK startup applying artificial intelligence to mobile robotics, has raised a $20 million Series A round led by Eclipse Ventures, with participation from Balderton Capital, existing investors and several leaders in machine learning and robotics. The investment will help launch a pilot fleet of autonomous vehicles in central London; self-driving cars are the […]
This week, Natalie Novick and Andrii Degeler talked about the rejection of Sylvie Goulard as the internal market commissioner, the little-discussed IPO! of! Kahoot!, the autonomous driving scene in Europe, upcoming events, and much more. The featured interview of the week is with Lucy Cheesman, an algorave musician from the UK.
Tel Aviv-based hardware startup TriEye has raised $17 million for its low-visibility Short-Wave-Infra-Red (SWIR) camera designed for autonomous vehicles. The round was led by Intel Capital, with participation from Marius Nacht, co-founder of Check Point Software Technologies, and TriEye’s existing investor Grove Ventures. Founded in 2016, TriEye is developing a camera that supposedly can solve […]
UK AI startup MindTrace has announced a £1.3 million funding round from Accelerated Digital Ventures (ADV) and the Northern Powerhouse Investment Fund. MindTrace is developing intelligent self-learning (or “unsupervised learning”) algorithms, particularly for use with autonomous vehicles but also in cybersecurity, the internet of things, and data management. The Manchester-based company is in the midst […]
UK autonomous vehicle startup FiveAI has raised £26.8 million in equity funding and from government funds. The company, which is building the technology for urban driverless cars, has raised £14 million in a Series A round led by Lakestar Capital with participation from Amadeus Capital Partners, Notion Capital, and Kindred on top of £12.8 million […]
The Baltic state’s government and startups are revising legislation and planning test tracks to give Latvia the edge in self-driving vehicle research.
Switzerland’s national postal service Swiss Post has announced its plans to invest in startups in collaboration with online investment platform investiere.ch. So far Swiss Post has invested in robotics startup, Starship, which is building autonomous delivery robots. Swiss Post has funded the startup to explore possible autonomous delivery solutions that it can employ. Investiere.ch has […]