What is nuTonomy?
nuTonomy is a leading developer of sophisticated software systems designed for self-driving cars. The company has established a strong track record, being the first to successfully deploy autonomous vehicles on two continents and the first to market with an autonomous vehicle on-demand (AMOD) system. nuTonomy also pioneered the launch of a public trial for a self-driving ride-hailing service, demonstrating its commitment to advancing urban mobility. In November 2017, nuTonomy became part of Aptiv, Inc., merging its expertise with a team dedicated to creating a reliable and responsible future for autonomous vehicles.
How much funding has nuTonomy raised?
nuTonomy has raised a total of $19.6M across 2 funding rounds:
Angel/Seed
$3.6M
Series A
$16M
Angel/Seed (2016): $3.6M with participation from Signal Ventures, Fontinalis Partners, and Samsung Ventures
Series A (2016): $16M led by Signal Ventures, Fontinalis Partners, EDBI, Samsung Ventures, and Highland Capital Partners
Key Investors in nuTonomy
EDBI
EDBI is a global investor based in Singapore, focusing on high-growth technology sectors since 1991. The company aims to create value and empower businesses to build sustainable legacies through strategic investments.
Samsung Ventures
Samsung Ventures is a venture capital arm of Samsung, investing in innovative companies across various technology sectors to foster future growth and technological advancements.
Fontinalis Partners
Fontinalis Partners invests in early-stage startups focused on mobility, industrial innovation, and energy, supporting founders building transformative technologies.
What's next for nuTonomy?
With substantial enterprise-level backing and a recent strategic investment, nuTonomy is well-positioned for continued growth and innovation in the autonomous driving sector. The company's focus on urban deployment and ride-hailing services suggests a strategic push towards commercialization and integration into smart city infrastructures. Future developments are likely to involve scaling its technology, expanding operational territories, and potentially forging new partnerships to enhance its autonomous driving solutions. The integration with Aptiv, Inc. further signals a trajectory towards broader market penetration and the realization of widespread autonomous transportation.
See full nuTonomy company page
