BMW i Ventures invests in autonomous truck technology company Kodiak Robotics

BMW i Ventures invests in autonomous truck technology company Kodiak Robotics

3 years ago
Anonymous $LNMzUc6XNz

https://techcrunch.com/2021/06/24/bmw-i-ventures-invests-in-autonomous-truck-technology-company-kodiak-robotics/

BMW’s Silicon Valley-based venture capital arm is investing in Kodiak Robotics, a company that develops autonomous trucking technology. 

Kodiak will use the funds to build out a safety case for its self-driving tech stack so it can more quickly commercialize. It will also work on hiring fresh talent and expanding its truck fleet, with a stated goal of at least doubling the number of vehicles it operates each year. The startup currently has 10 trucks in rotation between its commercial route in Texas and its test pilot in Mountain View, California. 

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