Autonomy Monthly:
April 2024

3 in Finance

5/7: Wayve (London, UK), an autonomous driving company, secured a $1.05 billion Series C funding round led by Softbank Group, with contributions from existing investors Eclipse Ventures, D1 Capital Partners, Moore Strategic Ventures, and Linse Capital. (Link)

4/24: Haomo.ai (Shenzhen, China), an autonomous vehicle company backed by Great Wall Motors, secured a ¥300 million ($41.4 million) Series B2 funding round led by JZ Capital and local government. (Link)

4/22: Serve Robotics Inc. (Redwood City, CA), an autonomous sidewalk delivery company, closes $40 million public offering and uplisting to NASDAQ under the new ticker “SERV”. (Link)

3 for Fun

Anduril Australia working with Australia Defense Department to develop Ghost Shark, an extra-large autonomous undersea vehicle (Link)

Ghost Autonomy, an autonomous driving software startup that previously raised $220 million in funding, has shut down (Link)

Mercedes-Benz becomes first automaker to sell Level 3 autonomous vehicles in the US (Link)

Big movers — month over month stock performance

AEye gains 56%; Ouster gains 17%; Tesla gains 10%; Aurora gains 8%

TuSimple falls 26%; Luminar falls 26%; TomTom falls 23%

 

 

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