Market trends and business perspectives
Kodiak Robotics has raised $40 million in Series A financing led by global investment firm Battery Ventures.
CRV, Lightspeed Venture Partners and Tusk Ventures also participated in the round.
Kodiak is an autonomous-vehicle startup founded by Don Burnette, previously a co-founder of the self-driving trucking company Otto, and Paz Eshel, a former venture capitalist. [Read more…] about Kodiak Robotics raises $40 million to develop self-driving trucks
In this article, Robotics and Automation News marvels at the driverless trucks being developed for freight operations.
Most people know what “freight” means – it refers to the movement of goods by road, rail, sea or air. Beyond that, terminology in that sector can get a little complicated, mostly because some terms are interchangeable.
Logistics, for example, is often used to mean the entire process of moving goods, although professionals in the industry use it to mean a similar thing to freight. [Read more…] about Briefing – Robotics and Automation in Logistics: Driverless trucks on the horizon
Teamsters general secretary-treasurer Ken Hall testified yesterday at a Senate Commerce Committee hearing on self-driving technology, urging for the exemption of commercial vehicles from pending legislation and the need for further analysis of the safety, jobs and cybersecurity impact of developing technologies.
“It is incumbent upon the members of this committee to help ensure that workers are not left behind in this process. It is essential that American workers are not treated as guinea pigs for unproven technologies that could put their lives at risk,” Hall said.
Hall noted the Teamsters Union is concerned about the impact of advanced automated technologies on highway safety. [Read more…] about Teamsters boss files objections to driverless trucks
