Nigerian logistics startup Kobo360 raises $30M backed by Goldman Sachs

Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber -like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand […]

Continue Reading →

How safe are robotaxis? BMW, Intel, Aptiv (and 8 others) just laid out a safety blueprint

Self-driving vehicles are often trumpeted as the answer to the million of injuries and deaths that occur each year on the world’s roadways. Developers and proponents of the technology argue that an automated system that can see, hear, react and make better decisions than humans will reduce the number of crashes that occur every year. […]

Continue Reading →

How Nuro plans to spend Softbank’s cash

Autonomous delivery startup Nuro is bursting with ideas since SoftBank invested nearly $1 billion in February, new filings reveal. A recent patent application details how its R1 self-driving vehicle could carry smaller robots to cross lawns or climb stairs to drop off packages. The company has even taken the step of trademarking the name “Fido” […]

Continue Reading →

Nvidia dives into a new business segment with Drive AutoPilot

Nvidia’s automotive ambitions seemed targeted solely on creating a platform to enable fully autonomous vehicles, notably the robotaxis that so many companies hope to deploy in the coming decade. It turns out that Nvidia has also been working a more near-term product that opens it up to a different segment in the automotive industry. The […]

Continue Reading →