Self-driving truck startup Einride raises $113M PIPE ahead of public debut
The proceeds will support Einride’s technology roadmap, global expansion, and autonomous deployments in North America, Europe, and the Middle East.
The proceeds will support Einride’s technology roadmap, global expansion, and autonomous deployments in North America, Europe, and the Middle East.
CEO Chris Urmson called it a “superhuman” moment, adding that Aurora’s trucks can now carry freight 1,000 miles in 15 hours — faster than what a human driver can legally accomplish.
Waabi has secured a $750 million Series C round to accelerate autonomous trucking, and another roughly $250 million commitment from Uber to deploy 25,000 robotaxis exclusively on its platform.
There is no timeline for when these systems will become available. But once they do, Kodiak could bring its tech to more trucks, faster.
Revised rules in California would allow self-driving trucks to test on public highways. The rules also close a loophole allowing police to issue tickets for driverless vehicles.
Self-driving truck maker Waabi has hired autonomous vehicle industry veteran and Uber Freight CEO Lior Ron to step in as chief operating officer, as the startup looks to scale its commercial operations ahead of its planned launch of driverless trucks on public highways later this year.
The company has also opened another facility in Phoenix as it scales driverless operations.