Posted by Alumni from Crunchbase
April 9, 2025
Since that round, the Mountain View, California-based company has faced major challenges including slashing its workforce and a change in business strategy, moving away from its delivery vehicles for packages to now licensing its autonomous driving software. The new round includes participation from Tiger, as well as funds and accounts advised by T. Rowe Price Associates, Fidelity Management & Research Co., Greylock Partners and XN. The company added details about 'strategic investors' which will be included in a forthcoming partnership announcement. 'We're excited to see strong investor enthusiasm for our Series E,' co-founder and CEO Jiajun Zhu said in a release. 'Our technology, years of experience with driver-out Level 4 deployments, and focus on licensing uniquely position us to help automakers, mobility platforms and commercial fleets accelerate their autonomy roadmaps.' learn more

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