Autonomy Monthly:
February 2024

3 in Finance

2/26: Advanced humanoid robotics startup Figure AI (Sunnyvale, CA) closes in on $675M raise at a $2B pre-money valuation, led by Nvidia, Microsoft, and the Bezos Family Office. (Link)

2/22: Brain (San Diego, CA), robotic AI software powering the largest fleet of autonomous machines in commercial public spaces, raises $32M Series D venture funding from Tennant at a pre-money valuation at $633M. (Link)

2/6: Starship Technologies (San Francisco, CA), delivery-as-a-service autonomous robots, marks major milestone in autonomous delivery revolution as it completes a $90M capital raise from venture firms Plural and Iconical. (Link)

3 for Fun

Waymo secures regulator approval to expand robotaxi service to Los Angeles and down the San Francisco Peninsula (Link)

Apple officially withdraws its pursuit of building an electric car (Link)

Nuro partners with chip designer Arm to scale commercialization of autonomous vehicles (Link)

Big movers — month over month stock performance

TuSimple gains 72%; Li Auto gains 64%; AEye gains 42%; Aeva gains 24%;

iRobot falls 20%; Aurora Innovation falls 19%; Luminar falls 14%

 

 

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