3 in Finance

3/13: Bear Robotics (Redwood City, CA), a provider of AI-driven autonomous service robots, raised $60 million from LG Electronics. (Link)

3/12: Autonomous vehicle software provider Applied Intuition (Mountain View, CA) secured a $250 million Series E led by Lux Capital. The round values the California-based company at $6 billion. (Link)

3/22: Qualcomm (San Diego, CA) ends $350 million bid to buy Autotalks, an Israeli firm that makes communications chips to help prevent car crashes, after antitrust probe. (Link)

3 for Fun

Researchers in London launch testing of ARRES, an autonomous vehicle that detects and fixes potholes (Link)

Zoox expands operations in Las Vegas, NV and Foster City, CA by testing higher speeds and expanding its geofence (Link)

Hyundai IONIQ 5 autonomous robotaxi passes driver’s license test (Link)

Big movers — month over month stock performance

AEye gains 42%; Mobileye gains 29%; Ouster gains 20%; Samsara gains 14%

Li Auto falls 33%; Luminar falls 29%; iRobot falls 27%