LeddarTech Receives $101 Million Investment To Develop Solid-State LiDAR For Autonomous Vehicles

In a Series C funding campaign led by Osram and other strategic partners including Delphi, Magneti Marelli and Integrated Device Technology, LeddarTech Inc.—a Canadian company has raised $101 million to develop Solid state LiDAR for autonomous cars.

The company managed to raise the largest capital till date, in the … Read the rest

Ericsson Partners With Zenuity To Develop Cloud-Based Platform For Autonomous Cars

Realizing that the future is Autonomous along side other its other benefits, Tech giants – Ericsson announced its partnership with automotive software developer Zenuity to develop an end-to-end cloud platform for autonomous cars. Zenuity is a German based automotive software joint venture between Autoliv and carmaker Volvo.

Initially Ericsson and … Read the rest