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Top Autonomous Vehicles Funding and Investments in Q2 2021

Sayantani Sanyal

Autonomous vehicle technology is one of the most awaited technology in the field of automobiles. Autonomous driving has moved past science fiction to real-world applications due to swift developments in radar technology and microprocessor capacity. Today's autonomous vehicles use a combination of forward-facing cameras and radar systems that collect relevant data about road conditions on the route ahead for the driver's convenience.

The rise of autonomous vehicles has been dominating headlines and tech talks for the past couple of years. Investments in the companies developing such technology have also increased over the past couple of years. This article provides a list of the top autonomous vehicle funding and investments in 2021.

• Ghost

Amount Raised: US$100M

Transaction Type: Series D

Key Investor(s): Sutter Hill Ventures, and others

Ghost Locomotion is an autonomous driving system developer. The company has been working on a universal collision avoidance technology. The system is based on the idea that an autonomous driving system does not need to recognize and categorize objects before avoiding them, which is a paradigm shift in the industry.

• Realtime Robotics

Amount Raised: US$31.4M

Transaction Type: Series A

Key Investor(s): Scrum Ventures, Heroic Ventures, and others

Realtime Robotics, is a platform for automation to develop a simple and extensible processor for generating safe robot motion plans in micro-seconds. The company is transforming automation in a broader sense by enabling machines to recognize, respond and decide how and where to move in different environments.

• Innovusion

Amount Raised: US$64M

Transaction Type: Series B

Key Investor(s): Joy Capital, F-Prime Capital, and others

Innovusion, is an autonomous vehicle LiDAR sensor system for the level 4 and 5 of the autonomous vehicles and the ADAS market. The company manufactures products that have a unique combination of range, resolution, compact size, and other facilities.

• Youibot

Amount Raised: US$15.4M

Transaction Type: Not specified

Key Investor(s): BlueRun Ventues, SIG, and others

Youibot, is a company focused on achieving intelligent safety by providing professional autonomous inspection robots. Based on the latest generation of laser radar and advanced navigation technology, the company provides a first-class and intelligent mobile robot system.

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