Latest Startups & Venturing – Page 4
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FeatureCluno sees vehicle subscription model as opportunity for dealers
Cluno, a Munich-based company, has been marketing cars under a subscription model since 2017. Maximilian Ehrlich, the startup’s head of data science, talked to automotiveIT about digital business models, the use of artificial intelligence and big data, and cooperation with traditional car dealers.
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ArticleŠkoda starts partnerships with Israeli start-ups, tests technologies
Škoda has announced a series of partnerships with start-up firms in Israel, currently developing rapidly as a global tech hotspot; the company last year opened its Škoda Auto DigiLab Israel in Tel Aviv, a collaborative incubator center.
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ArticleHyundai MNsoft partners with Netradyne for HD mapping, crowd-sourced deep vision analytics
Image: Netradyne Hyundai MNsoft, a subsidiary of the Hyundai Group, is partnering with start-up Netradyne, which focuses on computer vision, deep learning, edge computing and predictive analytics, to develop global HD maps for autonomous vehicles. Hyundai MNsoft currently supplies Hyundai and Kia with embedded navigation and location-based and ...
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FeatureAutonomous driving is not just about technology, says Dutch ITS expert
It’s not just technology that holds the key to the autonomous-vehicle revolution. Automakers, suppliers, IT companies and telecommunications service providers are hard at work to create vehicles that will, one day, take the driver out of the equation.
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ArticleGM President Dan Ammann to head Cruise autonomous-vehicle unit
Dan Ammann, the number two executive at General Motors, will step down from his post as president of the company January 1 to head the carmaker’s Cruise Automation autonomous vehicle unit.
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ArticleVolkswagen takes investment in Diconium for digital services, starts Open Source Lab, partners with Cinemo for in-car media
Image: Volkswagen The Volkswagen Group has acquired 49pc of the shares in Diconium, a German digital specialist. Diconium is to become a technology partner to develop new digital business models and services offered via the Microsoft-enabled Volkswagen Automotive Cloud, building on the Volkswagen We ecosystem. Based in Stuttgart, ...
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ArticleVeniam and Denso to collaborate on connected vehicle software
Image: Veniam Veniam, a young provider of networking software for connected vehicles and mobility systems, has signed a memorandum of understanding with Japan’s long-established Denso. The planned joint project will explore the integration of Veniam’s intelligent data networking features into Denso’s communication management systems: this will, says Veniam, ...
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ArticleNuance spins off its automotive division as a separate company, specializing in conversational AI
Image: Nuance Communications Nuance Communications is planning to spin off its automotive business division and activities into an independent, publicly-traded automotive software company, Nuance Auto. The formation of this company and share transactions are expected to be completed by the end of the 2019 fiscal year. Nuance specializes ...
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ArticleToyoda Gosei gets into venture capital, FCA looks for insurance innovations, Volvo Financial Services launches fintech lab
Image: Car Design News Toyoda Gosei – a Toyota Group company manufacturing rubber and plastic automotive components – is setting up a corporate venture capital department, specifically to invest in start-ups and accelerate innovations. Effective from January 2019 with a three-billion yen budget through till December 2020, this ...
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ArticleVW opens Lisbon software development center
Volkswagen Group has opened a new software development center in Lisbon, adding 300 IT specialists to similar facilities that already operate in Wolfsburg, Germany, and Berlin.
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ArticleHyundai Cradle invests in allegro.ai for deep learning, autonomous decision-making
Image: allegro.ai Hyundai’s corporate venture division has made an investment in Israeli technology firm allegro.ai, which specializes in deep learning-based computer vision. It aims to accelerate its deployment of artificial intelligence across various business areas, as well as to use AI to enhance the safety of the driving ...
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ArticleRenault Alliance invests in Transit mobility app, WeRide.ai for Level 4 AVs
Image: Transit Alliance Ventures, the venture capital division of the Renault-Nissan-Mitsubishi Alliance, has made two new strategic investments. Its latest is in Transit, a multi-modal transport app firm based in Montreal, Canada, which has produced an app functional in over 175 metropolitan areas around the world. Transit’s app ...
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ArticleInfiniti supports start-ups, sees digital transformation benefits
Image: Infiniti Infiniti is hosting an innovation initiative in Hong Kong to connect local start-ups with corporate partners. This extends the Infiniti Lab programme launched in 2015, which “has helped drive cultural transformation and open innovation within Infiniti” as well as in the start-up community, the company says. ...
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ArticleVolkswagen announces self-driving MaaS venture in Israel, joins Baidu Apollo consortium in China; Volvo also to collaborate with Baidu
Image: Volkswagen Volkswagen Group is to establish a self-driving Mobility as a Service (MaaS) venture in Israel with partners Mobileye and Champion Motors. It will provide a fleet of electric vehicles for the New Mobility in Israel operation; Mobileye will provide its Level 4 AV hardware, map data, ...
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ArticleRenault-Nissan-Mitsubishi alliance extends venture capital into Chinese autonomous tech start up
Alliance Ventures, the venture capital offshoot of the Renault-Nissan-Mitsubishi alliance has invested in WeRide.ai, a Chinese L4 autonomous start-up only founded in 2017. ByPaul Fisher The investment is significant as the group’s first investment in China and a rare example of a Chinese start-up to receive financial backing from a ...
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FeatureIn-vehicle UX at Daimler: “We want to offer our customers as many options as possible, but want to provide the best solution ourselves”
Sajjad Khan, vice president digital vehicle & mobility at Daimler, tells automotiveIT how in-vehicle UX, operating systems and AI will develop and converge.
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ArticleHyundai Cradle invests in Perceptive Automata
Image: Perceptive AutomataHyundai’s corporate venture business, Hyundai Cradle, is taking a stake in Perceptive Automata, a developer of AI software for autonomous vehicles. The start-up, which recently joined the Renovo AWare ecosystem, uses rich sensor data and deep learning models to gain an understanding of how people – other ...
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ArticleNvidia CEO sees “gigantic opportunities" for auto industry
Nvidia CEO Huang says current level 2 vehicle technology is “not very good” (Photo: Nvidia) MUNICH – Jensen Huang isn’t bothered by the differences between the five levels of autonomy that the US-based Society of Automotive Engineers (SAE) has defined for driverless cars. “As long as it works,” ...
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Article“Get ready for the data age”
Next January’s CES will underscore the growing importance of data for the automotive industry and other business sectors, executives of the US Consumer Technology Association (CTA) say.
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ArticleWhy Volkswagen’s cloud deal with Microsoft is good for both partners
In the IT world the battle for the cloud will decide who rules enterprise computing for the foreseeable future. It’s a battle that has already been disrupted by the entry of Amazon, a company that was never analysed or structured as a traditional IT player.
