Good Articles to Share
Factbox: Investments flow to automated vehicles in non-auto settings
Corporate and private investors have turned from funding autonomous trucks and passenger cars to companies and applications in a variety of non-automotive settings, from construction and mining to airports and agriculture. Among them:
Company: Aurrigo
Headquarters: Coventry, UK
Status: public
Founded: 1993
Focus: urban & airport shuttles
Market capitalization: $40 million
Company: Oxbotica
Headquarters: Oxford, UK
Status: private
Founded: 2014
Focus: passenger shuttles, warehouse vehicles, last-mile delivery
Investors: ZF, BP, Ocado, Eneos, AXA, Tencent
Money raised: $256 million
Valuation: $720 million
Partners: ZF, BP, Ocado
Company: Einride
Headquarters: Stockholm, Sweden
Status: private
Founded: 2016
Focus: logistics yards
Investors: Maersk, Ericsson, Temasek
Money raised: $655 million
Partners: Maersk, Bridgestone, InBev, GE
Company: Outrider
Headquarters: Golden Colorado, USA
Status: private
Founded: 2017
Focus: yard & warehouse vehicles
Investors: Nvidia, Sumitomo, Abu Dhabi Investment Fund
Money raised: $200 million
Valuation: $550 million
Customers: Georgia-Pacific
Company: Teleo
Headquarters: Palo Alto, California, USA
Status: private
Founded: 2019
Focus: construction & mining equipment
Investors: UP Partners, Trucks, F-Prime, K9
Money raised: $12 million
Valuation: $44 million
Company: Parallel Systems
Headquarters: Los Angeles, USA
Status: private
Founded: 2020
Focus: railcars
Investors: Anthos, Congruent, Embark, Riot
Money raised: $53 million
Valuation: $188 million
Company: Kodiak
Headquarters: Mountain View, California, USA
Status: private
Founded: 2018
Focus: trucks, defense vehicles
Investors: BMW, Bridgestone, Pilot
Money raised: $198 million
Valuation: $506 million
Customers: Ikea
Company: Fox Robotics
Headquarters: Austin, Texas, USA
Status: private
Founded: 2017
Focus: forklifts
Investors: Menlo, Eniac, Congruent, AME
Money raised: $33 million
Company: Apex.AI
Headquarters: Palo Alto, California, USA
Status: private
Founded: 2017
Focus: agriculture equipment
Investors: Toyota, Airbus, Agco, Daimler Truck, ZF, Jaguar Land Rover, Volvo Group, Hella, Continental
Money raised: $74 million
Valuation: $297 million
Sources: PitchBook, companies
- Reuters
More articles on Good Articles to Share
Tesla to cut more than 6,000 jobs in Texas, California, notices show
Created by Tan KW | Apr 24, 2024
Israel steps up strikes across Gaza, orders new evacuations in north
Created by Tan KW | Apr 24, 2024
Walmart-backed fintech One launches 'buy now, pay later' services, source says
Created by Tan KW | Apr 24, 2024
US defense contractor L3Harris to cut 5% of workforce to save costs, email shows
Created by Tan KW | Apr 24, 2024
Musk targets Australian senator, gun laws in deepening dispute over X stabbing content
Created by Tan KW | Apr 24, 2024
Senator Markwayne Mullin talks advancement of TikTok forced sale bill
Created by Tan KW | Apr 24, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
One App To Trade Malaysia & US Stock With 0* Commission
Apps
Top Articles
1
Koon Yew Yin's Blog
2
4
5
6
save malaysia!
7
8
Koon Yew Yin's Blog
Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
