Faraday Future gets $2B fund and gets government approval

Faraday Future (FF) has confirmed the $2 billion of first round equity funding following Committee on Foreign Investment in the United States (CFIUS) approval. This marks a major...

UK government announces funding for self-driving vehicle research

The Centre for Connected and Autonomous Vehicles (CCAV) - with Meridian Mobility and Innovate UK – has up to £30 million for projects that help make the UK...

Ridecell closes Series B funding round of $28M for autonomous mobility

Ridecell Inc.,  has closed its Series B funding round of $28.61 million. The investment round was led by Cox Automotive, with participation from return...

Federal government to provide $6.64M to ANCAP for car safety

The Federal Government has marked National Road Safety Week by announcing the continuation of funding for the critical work of independent vehicle safety consumer...

Mapillary secures $15M Series B to accelerate global map data collection

  Mapillary has raised $15M in Series B funding in the latest push to scale smart map data collection. The round is led by BMW...

SenseTime raises USD 600M in Series C funding

SenseTime has successfully raised US$600 million in its Series C round of funding. Alibaba Group is taking the lead role for this round of...