by RJ Shara | Nov 23, 2020 | Startups
Gatik, the self-governing vehicle startup concentrated on the “middle mile,”is already utilizing its self-driving box trucks to deliver client online grocery orders for Walmart. Now, the business– freshly equipped with $25 million in Series A funding– is expanding up into Canada with a partnership with retail giant Loblaw. Gatik stated Monday that […]
Gatik’s self-driving box trucks to shuttle groceries for Loblaw in Canada …
by RJ Shara | Sep 8, 2020 | Startups
Lidar start-up Ouster has actually spent the past several years expanding and enhancing its line of sensing units as it jostles for a piece of the competitive and congested market place. Now, Ouster states it has raised$ 42 million, fresh capital that will be used to fund product advancement and ramp up sales. Simply put: Ouster is […]
Ouster, like lots of others, likewise lowered its labor force by 10% due to COVID-19, the business confirmed.” Ouster’s digital lidar architecture gives us essential advantages that are winning over consumers in every market we serve. Once our customers experience the resolution and dependability of these sensing units at an economical price, there’s no turning back to legacy analog lidar,”Ouster CEO Angus Pacala said in a statement. Regardless of the development, Ouster needs the capital to scale, as designing, making and selling lidar sensing units is a costly undertaking. …
by RJ Shara | Aug 6, 2020 | Startups
The Michigan start-up scene is growing and venture capitalists see a number of essential areas of opportunities. What follows is a study of some of the leading VCs in the state and how they see COVID-19 affecting the development of Detroit, Ann Arbor and all of Michigan’s start-up environment. According to the Michigan Venture Capital Association (MVCA), […] What follows is a study of some of the top VCs in the state and how they see COVID-19 affecting the development of Detroit, Ann Arbor and all of Michigan’s startup ecosystem. Michigan has actually long been a hub for life science startups and the venture capitalists surveyed expect that to continue. When asked about leaders in the Michigan start-up scene, almost all of the VCs listed Duo Security founders Dug Tune and Jon Oberheide as key gamers. Surprisingly, few of the VCs in the study mention movement or vehicle as an emphasize of the Michigan startup scene, which runs counter to the nationwide narrative. What follows is a survey of some of the leading VCs in the state and how they see COVID-19 affecting the development of Detroit, Ann Arbor and all of Michigan’s start-up community….
by RJ Shara | Mar 25, 2020 | Startups
Four years ago, mathematician Vlad Voroninski saw an opportunity to remove some of the bottlenecks in the development of autonomous vehicle technology thanks to breakthroughs in deep learning. Now, Helm.ai, the startup he co-founded in 2016 with Tudor Achim, is coming out of stealth with an announcement that it has raised $13 million in a […] …
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