Trucks Venture Capital

Teleo specializes in converting existing fleet into supervised autonomous robots. It enables operators to control machines from miles away, instantly switching between machines and across job sites. Teleo increases the operator's productivity, enhances crew safety, and features advanced Jobsite insights.

May Mobility, Inc. is an autonomous vehicle company focused on transforming urban transportation through the development and operation of driverless shuttle services. Founded in 2017 and based in Ann Arbor, Michigan, the company utilizes six-passenger electric vehicles that navigate mapped routes to provide micro-transit services for enterprise and municipal clients. By analyzing traffic patterns and commuter flows, May Mobility designs optimal routes that enhance public transit systems. Their autonomous shuttles aim to minimize human error in driving, reduce pollution, and improve economic benefits for communities and riders. The company offers a fleet operation service that contributes to creating safer, more efficient, and accessible transportation solutions.

Faction develops software and services for driverless electric vehicles. Faction's supervised autonomous vehicle solutions include remote human TeleAssist® supervision, so we’re not gated by waiting for 100% autonomous technology. Initially, Faction is focusing on micro delivery for last mile logistics and vehicle-on-demand, where you can summon a vehicle and drive it yourself. The company has active customer programs in operation on public roads.

Ottometric Inc. is a technology company based in Newton, Massachusetts, that specializes in developing a cloud-based platform for enhancing the safety of autonomous vehicles. Founded in 2018, the company offers an intelligent verification framework that leverages big data, artificial intelligence, sensor fusion, and computer vision to provide insights into events and anomalies in real-world driving scenarios. By focusing on the validation and training of advanced driver assistance systems (ADAS), Ottometric aims to improve the reliability of these systems, addressing the industry's current challenges in delivering effective autonomous capabilities. The platform is designed to automate and streamline the validation process, helping automotive companies reduce development costs while advancing the safety and efficacy of driver assistance features.

Teleo specializes in converting existing fleet into supervised autonomous robots. It enables operators to control machines from miles away, instantly switching between machines and across job sites. Teleo increases the operator's productivity, enhances crew safety, and features advanced Jobsite insights.

Terraline is a vehicle technology company focused on revolutionizing freight transportation through sustainable solutions. The company designs and manufactures battery-electric heavy-duty trucks that aim to eliminate CO2 emissions, addressing a significant source of global greenhouse gas emissions. Terraline's trucks feature advanced aerodynamics to improve efficiency and are equipped with long-range rechargeable batteries, allowing for reliable and cost-effective operations. By offering a purpose-built solution for autonomous electric freight, Terraline supports businesses in their transition to sustainable transportation while promoting environmental benefits.

Developer of an advanced driver assistance system(ADAS) designed for two wheelers. The company offers a lightweight, low-power collision warning system that consists of two fisheye cameras, a powerful processing unit, and advanced artificial intelligence to detect and notify riders of threats in real-time, enabling them to get notified of hazards around them and avoid collisions to keep them safe.

Gatik is a startup focused on developing autonomous technology for light and medium-duty trucks aimed at business-to-business short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive solutions tailored for the logistics sector. Gatik's software is designed for SAE Level 4 autonomous commercial vehicles, including trucks and vans in Classes 3 to 7. This technology facilitates middle-mile logistics, allowing customers to efficiently manage scheduled deliveries and optimize their supply chain operations.

Faction develops software and services for driverless electric vehicles. Faction's supervised autonomous vehicle solutions include remote human TeleAssist® supervision, so we’re not gated by waiting for 100% autonomous technology. Initially, Faction is focusing on micro delivery for last mile logistics and vehicle-on-demand, where you can summon a vehicle and drive it yourself. The company has active customer programs in operation on public roads.

Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company focuses on building and deploying robotic platforms designed for last-mile goods delivery in urban environments. Its primary product, the REV-1, autonomously navigates urban settings using a combination of cameras, radar, and ultrasonic sensors. The robot is capable of picking up items from restaurants, pharmacies, and grocery stores, delivering them directly to customers' homes. This service aims to provide a faster, cheaper, and safer delivery option, addressing the growing demand for efficient logistics solutions. Additionally, the robots can be remotely monitored and teleoperated, ensuring operational flexibility in diverse weather conditions.

Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company focuses on building and deploying robotic platforms designed for last-mile goods delivery in urban environments. Its primary product, the REV-1, autonomously navigates urban settings using a combination of cameras, radar, and ultrasonic sensors. The robot is capable of picking up items from restaurants, pharmacies, and grocery stores, delivering them directly to customers' homes. This service aims to provide a faster, cheaper, and safer delivery option, addressing the growing demand for efficient logistics solutions. Additionally, the robots can be remotely monitored and teleoperated, ensuring operational flexibility in diverse weather conditions.

Xona Space Systems, Inc. specializes in developing and manufacturing position, navigation, and timing (PNT) satellite solutions. Founded in 2019 and headquartered in San Mateo, California, the company is focused on creating a constellation of low-cost, low-Earth orbiting satellites designed to enhance navigation for various applications, including autonomous vehicles, unmanned aerial vehicles, and mobile robotics. Their flagship product, the Xona Pulsar, delivers high-power signals from low Earth orbit, ensuring secure and accurate navigation and timing services. This innovative approach aims to meet the demands of smart transportation and smart infrastructure, providing the resilience and precision necessary for modern intelligent systems to operate safely and efficiently at scale.

Teleo specializes in converting existing fleet into supervised autonomous robots. It enables operators to control machines from miles away, instantly switching between machines and across job sites. Teleo increases the operator's productivity, enhances crew safety, and features advanced Jobsite insights.

Ottometric Inc. is a technology company based in Newton, Massachusetts, that specializes in developing a cloud-based platform for enhancing the safety of autonomous vehicles. Founded in 2018, the company offers an intelligent verification framework that leverages big data, artificial intelligence, sensor fusion, and computer vision to provide insights into events and anomalies in real-world driving scenarios. By focusing on the validation and training of advanced driver assistance systems (ADAS), Ottometric aims to improve the reliability of these systems, addressing the industry's current challenges in delivering effective autonomous capabilities. The platform is designed to automate and streamline the validation process, helping automotive companies reduce development costs while advancing the safety and efficacy of driver assistance features.

Edge Case Research, Inc. specializes in developing software products and safety systems for companies involved in the creation of self-driving vehicles. The company provides innovative solutions such as Hologram, a platform designed to identify and resolve edge cases that can challenge machine learning systems, and Switchboard, a cloud-based tool for automated robustness testing that assesses the safety and reliability of complex software. Utilizing Model-based Iterative System Safety Analysis, Edge Case Research effectively identifies safety risks associated with advanced technologies. In addition to its software offerings, the company provides assessments of embedded software best practices and training for software testing. Edge Case Research serves a range of industries, including autonomous vehicles, robotics, consumer electronics, and industrial controls, with a commitment to promoting safe autonomous mobility. Founded in 2013, the company is headquartered in Pittsburgh, Pennsylvania, with an additional office in Unterschleißheim, Germany.

Gatik is a startup focused on developing autonomous technology for light and medium-duty trucks aimed at business-to-business short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive solutions tailored for the logistics sector. Gatik's software is designed for SAE Level 4 autonomous commercial vehicles, including trucks and vans in Classes 3 to 7. This technology facilitates middle-mile logistics, allowing customers to efficiently manage scheduled deliveries and optimize their supply chain operations.

Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company focuses on building and deploying robotic platforms designed for last-mile goods delivery in urban environments. Its primary product, the REV-1, autonomously navigates urban settings using a combination of cameras, radar, and ultrasonic sensors. The robot is capable of picking up items from restaurants, pharmacies, and grocery stores, delivering them directly to customers' homes. This service aims to provide a faster, cheaper, and safer delivery option, addressing the growing demand for efficient logistics solutions. Additionally, the robots can be remotely monitored and teleoperated, ensuring operational flexibility in diverse weather conditions.

Wise Systems Inc. develops autonomous dispatch and routing software that enhances delivery efficiency for various industries, including food, beverage, courier, energy, and field service. Founded in 2014 and based in Cambridge, Massachusetts, the company leverages machine learning algorithms to optimize last-mile operations. Its platform includes tools such as Scheduler, which dynamically creates and dispatches optimized route plans; Dispatcher, which allows managers to monitor delivery progress and driver performance; and Customer Portal, enabling recipients to track their orders with real-time ETAs. Wise Systems also offers Smart Reservation Management, allowing customers to select their preferred delivery times. Clients typically experience significant benefits, including reductions in mileage and late deliveries, as well as increased fleet utilization. The software processes millions of data points to make real-time decisions, facilitating efficient transportation operations while reducing costs.

DeepScale, Inc. is a technology company specializing in perceptual system software for semi-autonomous and autonomous vehicles. Founded in 2015 and headquartered in Mountain View, California, the company focuses on enabling automakers to utilize low-wattage processors for improved perception capabilities. DeepScale's technology incorporates artificial intelligence and deep learning algorithms to create advanced driver-assistance systems. The company develops a visual perception platform that utilizes training data and innovative deep neural network architectures to enhance vehicle awareness of their surroundings in real time. In 2019, DeepScale became a subsidiary of Tesla, further integrating its advanced perception technologies into the evolving landscape of autonomous driving.

May Mobility, Inc. is an autonomous vehicle company focused on transforming urban transportation through the development and operation of driverless shuttle services. Founded in 2017 and based in Ann Arbor, Michigan, the company utilizes six-passenger electric vehicles that navigate mapped routes to provide micro-transit services for enterprise and municipal clients. By analyzing traffic patterns and commuter flows, May Mobility designs optimal routes that enhance public transit systems. Their autonomous shuttles aim to minimize human error in driving, reduce pollution, and improve economic benefits for communities and riders. The company offers a fleet operation service that contributes to creating safer, more efficient, and accessible transportation solutions.

SEEVA Technologies, Inc. is an automotive engineering company based in Ann Arbor, Michigan, established in 2017. The company specializes in manufacturing visibility systems designed to enhance the perception capabilities of commercial and passenger vehicles. Its primary solution, the QwikTherm system, effectively heats and applies washer fluid to clear sensors, cameras, radar, and windshields from various obstructions such as snow, ice, mud, sand, dirt, and bugs. SEEVA Technologies aims to address the challenges that Advanced Driver Assistance Systems (ADAS) and autonomous vehicles face in real-world conditions, thereby improving vehicle safety and functionality.

Bear Flag Robotics, Inc. specializes in developing autonomous technology for farm tractors, aiming to enhance productivity and safety in agriculture. Founded in 2017 by Igino Cafiero and Aubrey Donnellan, the company is headquartered in Sunnyvale, California. Its software enables users to plan routes, schedule jobs, and receive real-time alerts about equipment status. Additionally, it features remote emergency stop capabilities and obstacle avoidance, ensuring safe operation in various conditions. By utilizing perception sensors and robotic actuators, Bear Flag Robotics' technology allows central mission control to manage tractor operations, providing real-time data that helps farmers optimize their practices, reduce input costs, and increase production yields.

Oryx Vision, Ltd. is an Israeli company founded in 2009, specializing in solid state depth vision solutions for autonomous vehicles. The company has developed a unique automotive LiDAR technology that utilizes microscopic light-sensing antennas to create a 3D view of the environment. This innovative system operates similarly to a digital camera, sending laser pulses and detecting their returning signals. Oryx Vision's technology aims to meet the range and resolution requirements essential for fully autonomous driving while providing a cost-effective solution that is more sensitive and less susceptible to interference from external light sources. The LiDAR system generates both range and velocity data for every point within its field of view, enhancing the overall safety and efficiency of autonomous driving applications.

AEye, Inc. develops advanced vision hardware, software, and algorithms for autonomous vehicles and driver-assistance systems. Based in Dublin, California, the company offers a range of products including the 4Sight Intelligent Sensing Platform, which integrates solid-state lidar with low-light cameras and artificial intelligence to provide precise and reliable perception of surroundings. AEye's unique software-defined lidar solutions are designed for dynamic applications in vehicle autonomy, smart infrastructure, and logistics, focusing on delivering faster and more accurate information. The company's notable products include the 4Sight A and 4Sight M sensors, as well as the AE100 and AE200 robotic perception systems, which cater to the mobility market. AEye operates globally, with offices in Germany, Korea, and the United States, and primarily generates revenue from customers in the United States, followed by Europe and the Asia-Pacific region.

Starsky Robotics, Inc., founded in 2015 and based in San Francisco, California, is focused on developing technology to automate vehicles, particularly in the trucking sector. Recognizing that trucking is essential to the American economy, transporting 70% of all freight, the company aims to enhance safety and efficiency by creating autonomous trucks for highway use, while allowing drivers to remotely control the vehicles for the initial and final segments of delivery. This approach not only seeks to improve road safety but also offers drivers the opportunity to work closer to home, thereby addressing the challenges faced by long-haul truck drivers who often spend extended periods away from their families.

Oryx Vision, Ltd. is an Israeli company founded in 2009, specializing in solid state depth vision solutions for autonomous vehicles. The company has developed a unique automotive LiDAR technology that utilizes microscopic light-sensing antennas to create a 3D view of the environment. This innovative system operates similarly to a digital camera, sending laser pulses and detecting their returning signals. Oryx Vision's technology aims to meet the range and resolution requirements essential for fully autonomous driving while providing a cost-effective solution that is more sensitive and less susceptible to interference from external light sources. The LiDAR system generates both range and velocity data for every point within its field of view, enhancing the overall safety and efficiency of autonomous driving applications.

nuTonomy is an MIT spin-off that builds state-of-the art self-driving cars and autonomous mobile robots. They are working with major automotive manufacturers and small, disruptive startups to reinvent personal mobility for the twenty-first century.