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nauto

Nauto and Beans.ai partner to optimize last-mile delivery solutions

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Nauto is partnering with Beans.ai have formed a strategic partnership to offer a “comprehensive solution” tailored to the unique needs of commercial fleets engaged in the last mile delivery.

Nauto is a developer of AI-powered safety and operations for commercial vehicles and an approved Video Event Data Recorder (VEDR) solution provider for FedEx service providers.

Beans.ai is a technology firm specializing in AI-powered routing and dispatch solutions to optimize last-mile operations. [Read more…] about Nauto and Beans.ai partner to optimize last-mile delivery solutions

Autonomous vehicle tech developer Nauto raises $159 million in funding

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nauto self-driving system

Autonomous vehicle technology company Nauto, which is developing an artificial intelligence and data platform for self-driving technology, has closed a $159 million Series B financing round, led by a SoftBank subsidiary, and Greylock Partners.

Other participants include previous strategic investors BMW iVentures, General Motors Ventures, Toyota AI Ventures and the venture unit of global financial services and insurance provider Allianz Group, and Series A investors Playground Global and Draper Nexus.

The funds will fuel Nauto’s growth and the deployment of its retrofit safety and networking system into more vehicles around the globe, as well as support the expansion of the Nauto data platform in autonomous vehicle research and development across multiple automakers.  [Read more…] about Autonomous vehicle tech developer Nauto raises $159 million in funding