Trucks Venture Capital

Founded in 2015, Trucks Venture Capital is a San Francisco-based early-stage venture capital firm focused on investing in companies operating within the future of transportation sector.

Reilly Brennan

General Partner

Puneeth Meruva

Partner

Kathyrn Shox

General Partner

Jason Townsend

CFO

Past deals in Autonomous Vehicles

May Mobility

Series D in 2023
May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

Faction

Seed Round in 2023
Faction specializes in the development of driverless electric vehicles that combine the speed and performance of cars with the affordability of motorcycles. The company focuses on micro-delivery and ride-on-demand services, utilizing a model that integrates remote human supervision alongside autonomous technology. This approach allows Faction to bypass the limitations of fully autonomous systems, enabling quicker deployment of its services. The vehicles are designed with networked data capabilities, over-the-air software updates, and safety-critical autonomy features, ensuring a cost-effective and reliable driverless solution for clients. After completing its first prototypes, Faction is set to commence trials to further refine its offerings in the transportation sector.

Ottometric

Venture Round in 2023
Founded in 2018, Ottometric develops a cloud-based platform that enhances safety for autonomous vehicles. It uses AI, sensor fusion, and computer vision to analyze real-world scenarios, providing deeper insights into system effectiveness and anomalies.

Terraline

Seed Round in 2022
Terraline is a vehicle technology company focused on decarbonizing freight transport through a purpose-built heavy-duty battery-electric truck designed to eliminate CO2 emissions. It develops an autonomous electric freight solution that emphasizes aerodynamics and a long-range rechargeable battery to enable efficient, reliable operations, helping businesses transition to sustainable transportation while delivering cost savings and reduced environmental impact.

Roadio (Formerly Streetlogic)

Pre Seed Round in 2021
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

Series B in 2021
Gatik is a Mountain View, California-based startup that develops autonomous vehicle technology for B2B short-haul and middle-mile logistics. The company specializes in AI-powered software and autonomous hardware for light and medium-duty trucks and vans, enabling scheduled deliveries and streamlined supply-chain operations for commercial customers.

Faction

Seed Round in 2021
Faction specializes in the development of driverless electric vehicles that combine the speed and performance of cars with the affordability of motorcycles. The company focuses on micro-delivery and ride-on-demand services, utilizing a model that integrates remote human supervision alongside autonomous technology. This approach allows Faction to bypass the limitations of fully autonomous systems, enabling quicker deployment of its services. The vehicles are designed with networked data capabilities, over-the-air software updates, and safety-critical autonomy features, ensuring a cost-effective and reliable driverless solution for clients. After completing its first prototypes, Faction is set to commence trials to further refine its offerings in the transportation sector.

Refraction AI

Seed Round in 2021
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying robotic platforms that facilitate last-mile goods delivery in urban environments. Its flagship product, the REV-1, is designed to autonomously navigate through city streets using an array of cameras, radar, and ultrasonic sensors, allowing it to pick up goods from restaurants, pharmacies, and grocery stores and deliver them directly to customers' homes. Refraction AI's technology is engineered to operate in various climates and can be monitored and operated remotely, ensuring efficient and reliable service. By enhancing the delivery process, Refraction AI aims to meet the increasing demand for faster, safer, and more cost-effective delivery solutions.

Refraction AI

Funding Round in 2020
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying robotic platforms that facilitate last-mile goods delivery in urban environments. Its flagship product, the REV-1, is designed to autonomously navigate through city streets using an array of cameras, radar, and ultrasonic sensors, allowing it to pick up goods from restaurants, pharmacies, and grocery stores and deliver them directly to customers' homes. Refraction AI's technology is engineered to operate in various climates and can be monitored and operated remotely, ensuring efficient and reliable service. By enhancing the delivery process, Refraction AI aims to meet the increasing demand for faster, safer, and more cost-effective delivery solutions.

Xona Space Systems

Pre Seed Round in 2020
Xona Space Systems develops and manufactures position, navigation, and timing satellite solutions for smart transportation and infrastructure. The company operates a constellation of low-cost, low-Earth-orbit satellites to deliver secure navigation and timing services with resilience and high location precision for autonomous vehicles, unmanned aerial vehicles, mobile robotics, and other location-critical applications. Founded in 2019 and based in San Mateo, California, Xona Space Systems aims to enable safe, scalable operation of intelligent systems at scale.

Ottometric

Pre Seed Round in 2019
Founded in 2018, Ottometric develops a cloud-based platform that enhances safety for autonomous vehicles. It uses AI, sensor fusion, and computer vision to analyze real-world scenarios, providing deeper insights into system effectiveness and anomalies.

Edge Case Research

Seed Round in 2019
Founded in 2013, Edge Case Research specializes in developing software products and safety systems for companies working on self-driving cars. They offer tools like Hologram for edge case detection and Switchboard for automated robustness testing. Their services also include embedded software best practices assessment and training. The company serves industries such as autonomous vehicles, robotics, consumer electronics, and industrial controls.

Gatik

Seed Round in 2019
Gatik is a Mountain View, California-based startup that develops autonomous vehicle technology for B2B short-haul and middle-mile logistics. The company specializes in AI-powered software and autonomous hardware for light and medium-duty trucks and vans, enabling scheduled deliveries and streamlined supply-chain operations for commercial customers.

Refraction AI

Funding Round in 2019
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying robotic platforms that facilitate last-mile goods delivery in urban environments. Its flagship product, the REV-1, is designed to autonomously navigate through city streets using an array of cameras, radar, and ultrasonic sensors, allowing it to pick up goods from restaurants, pharmacies, and grocery stores and deliver them directly to customers' homes. Refraction AI's technology is engineered to operate in various climates and can be monitored and operated remotely, ensuring efficient and reliable service. By enhancing the delivery process, Refraction AI aims to meet the increasing demand for faster, safer, and more cost-effective delivery solutions.

Wise Systems

Series A in 2018
Wise Systems develops autonomous dispatch and routing software for last-mile delivery, using machine learning to automatically schedule, monitor, and adjust routes in real time to improve fleet efficiency and customer service. The platform analyzes orders, optimizes routes, tracks progress and ETAs, and evaluates driver performance, while providing a customer portal with real-time order visibility. It also includes Smart Reservation Management that lets customers select delivery dates and times. Serving industries such as food and beverage, parcel and courier, retail, field service, and other logistics sectors, Wise Systems processes millions of data points to deliver thousands of decisions daily. The company originated from MIT research and operates from Massachusetts, delivering scalable solutions that reduce mileage, boost fleet utilization, and minimize late deliveries.

DeepScale

Series A in 2018
DeepScale develops perceptual system software for semi-autonomous and autonomous vehicles. It enables automakers to use industry-standard low-wattage processors, enhancing perception accuracy without requiring high-end hardware.

May Mobility

Seed Round in 2018
May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

SEEVA Technologies

Seed Round in 2018
SEEVA Technologies develops visibility systems to enhance automotive perception and safety by keeping sensors and optical components clear in challenging conditions. The company uses heat and washer fluid to remove snow, ice, mud, sand, dirt and bugs from windshields, LED headlamps, tail lamps, cameras, sensors and related hardware. Its QwikTherm system is designed to clean vehicle sensors, cameras, radar and windshields to support reliable operation of ADAS and autonomous driving systems. Founded in 2017 and based in Ann Arbor, Michigan, SEEVA aims to ensure that perception systems function properly under real-world conditions such as mud, snow, freezing rain and debris, enabling safer vehicle operation and improved sensing performance across commercial and passenger vehicles.

Bear Flag Robotics

Seed Round in 2017
Bear Flag Robotics, Inc. is an agricultural technology company that specializes in developing autonomous technology for farm tractors. Founded in 2017 and based in Sunnyvale, California, the company designs software that enables users to plan routes, schedule jobs, and monitor equipment in real-time. Its self-driving technology incorporates perception sensors and robotic actuators, allowing tractors to navigate fields autonomously. The system also provides features such as remote emergency stops and obstacle avoidance. By gathering data on field patterns, Bear Flag Robotics offers predictive analytics that assist farmers in optimizing their operations, thereby increasing productivity, reducing costs, and enhancing safety in agricultural practices.

Oryx Vision

Series B in 2017
Oryx Vision, Ltd. is an Israeli company founded in 2009, specializing in the development of solid-state depth vision solutions for autonomous vehicles. The company has created innovative automotive LiDAR technology that utilizes microscopic light-sensing antennas, allowing for the generation of a 3D view of the surroundings. This technology simplifies autonomous driving by offering a system that operates akin to a digital camera while providing enhanced sensitivity and resistance to environmental interference. Oryx Vision's solutions are designed to meet the range and resolution requirements essential for fully autonomous driving, producing both range and velocity data for every point within its field of view.

AEye

Series A in 2017
AEye, Inc. is a technology company focused on developing advanced vision hardware, software, and algorithms for autonomous vehicles and advanced driver assistance systems (ADAS). The company’s proprietary 4Sight Intelligent Sensing Platform integrates solid-state active LiDAR with artificial intelligence and a low-light HD camera, enabling precise and reliable perception of surroundings. AEye's products, including the 4Sight A and 4Sight M sensors, along with its iDAR platform, are designed to improve safety and performance in dynamic applications by providing faster, more accurate information. The AE100 Robotic Perception System and the modular AE200 sensor further exemplify AEye’s commitment to high-performance sensing solutions. Founded in 2013 and headquartered in Dublin, California, AEye also has a global presence with offices in Germany and Korea, serving a diverse customer base primarily in the United States, Europe, and the Asia-Pacific region.

Starsky Robotics

Seed Round in 2017
Starsky Robotics, Inc. is an autonomous trucking company founded in 2015 and based in San Francisco, California. The company focuses on developing technology to automate vehicles, specifically targeting the trucking industry, which is vital to the American economy, transporting 70% of all freight. Starsky Robotics aims to enhance safety on the roads by creating trucks that can operate autonomously on highways while allowing drivers to remotely control the vehicles during the first and last miles of delivery. This innovative approach not only seeks to improve road safety but also strives to provide drivers with more meaningful work opportunities closer to their homes, addressing the challenges faced by long-haul truck drivers who often spend extended periods away from their families.

Oryx Vision

Series A in 2016
Oryx Vision, Ltd. is an Israeli company founded in 2009, specializing in the development of solid-state depth vision solutions for autonomous vehicles. The company has created innovative automotive LiDAR technology that utilizes microscopic light-sensing antennas, allowing for the generation of a 3D view of the surroundings. This technology simplifies autonomous driving by offering a system that operates akin to a digital camera while providing enhanced sensitivity and resistance to environmental interference. Oryx Vision's solutions are designed to meet the range and resolution requirements essential for fully autonomous driving, producing both range and velocity data for every point within its field of view.

Polysync

Seed Round in 2016
Founded in 2013, Polysync Technologies builds solutions to help partners safely accelerate their development, testing, production, and market deployment of driverless vehicle mobility solutions. Automotive engineering services, developers, government agencies, and universities around the world rely on Polysync for autonomous software and vehicle development. Polysync's products are in operation in more than 17 countries, with offices in Portland, OR, Palo Alto, CA, Detroit, MI, and Europe.

nuTonomy

Series A in 2016
nuTonomy Inc. is a technology company based in Cambridge, Massachusetts, founded in 2013 as a spin-off from the Massachusetts Institute of Technology (MIT). The company specializes in developing software for autonomous and self-driving passenger vehicles, focusing on creating a comprehensive solution for operating large fleets of autonomous taxis. This includes advanced software for urban vehicle navigation, smartphone-based ride-hailing, fleet routing and management, and remote vehicle control through teleoperation. nuTonomy collaborates with both major automotive manufacturers and innovative startups to transform personal mobility, aiming to enhance the safety, efficiency, and accessibility of transportation in urban environments worldwide. As of November 2017, nuTonomy operates as a subsidiary of Delphi Corp.

Nauto

Seed Round in 2015
Nauto is an AI technology company that improves commercial fleet safety through its intelligent driver safety system. This system assesses driver behavior to reduce distracted driving and prevent collisions, enabling real-time feedback and analysis for fleet managers. Nauto's platform also powers the development of autonomous vehicle technology.
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