Wayve raises $200M Series B led by Eclipse for its AI for autonomous delivery vehicles

Wayve raises $200M Series B led by Eclipse for its AI for autonomous delivery vehicles

2 years ago
Anonymous $dEyjbtEkMr

https://techcrunch.com/2022/01/18/wayve-raises-200m-series-b-led-by-eclipse-for-its-ai-for-autonomous-delivery-vehicles/

British autonomous vehicle startup Wayve has raised a $200 million Series B funding round from investors to scale its technology and expand its partnerships with commercial fleets. Wayve is aiming to be a major player in the arena of Robo-deliveries and logistics.

It’s now raised a total of $258 million to date, for its technology, which relies largely on commodity video cameras around the vehicle tied to on-vehicle AI-driven software, making it highly responsive to its surroundings as it relies less on being connected to 4 or 5G networks.