Capital raising
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News
Waymo hauls in $2.5B from current investors for autonomous expansion
Outside funding totals nearly $5 billion as Waymo’s expenses rise to expand driverless ride hailing and high-autonomy trucking software.
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News
Cabless pod developer Einride raises $110M from new and existing investors
Sweden’s Einride startup attracts multiple global investors for scaling its cabless and driverless freight pods with U.S. entry this year.
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Autonomous Vehicles
SPAC rumor mill churns over autonomous truck software developer Plus
With TuSimple going public by IPO, a new report says rival autonomous trucking software developer Plus will soon follow via SPAC.
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News
Startup Motiv gets $15M to scale electric truck component production
Motiv Power Systems can tap $15 million in new cash from its largest investor as it fulfills pandemic-delayed orders for software and power electronics for…
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Trucking
WeWork crisis prompted Nikola’s pivot on going public
By providing leases that include hydrogen and maintenance for its fuel cell electric trucks for seven years, Nikola projects it will generate $3 billion in…
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Company earnings
Epic Gas reports minimal first quarter losses
Singapore-headquartered liquefied petroleum gas and petrochemicals ocean carrier, Epic Gas (OB:EPIC-ME) today announced minimal losses of US$300,000 in the first quarter of 2019. That’s an…
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