3 Startups Powering Autonomous Cars

  • Emma Sandler
  • February 28, 2017
For every Waymo, Uber, or OEM working on autonomous vehicles, there are dozens of startups providing the underlying technology to make autonomy possible. Mobility Buzz took a look at some of the most cutting-edge companies involved in high-definition mapping, artificial intelligence, and centimeter-accurate positioning, which will all play crucial and specific roles in advancing autonomous tech. Here are […]

ZongMu Closes Series B, Advancing China’s Role in Autonomous Cars

  • Emma Sandler
  • February 27, 2017
ZongMu Technology closed a $14 million Series B, just days after becoming a listed entity on China’s New Third Board. The Series B was co-led by Legend Capital, the venture capital arm of Legend Holdings Ltd., and an undisclosed private equity firm. China-based ZongMu Technology, a self-driving technology company, joined China’s New Third Board (NTB) on Feb. […]

Mastercard Offers Data to Improve Chicago Transportation

  • Emma Sandler
  • February 24, 2017
Mastercard partnered with City Digital, a consortium of companies based at UI Labs, aimed at improving transportation in Chicago. The first pilots will explore ways to reduce transit congestion at peak periods and improve economic planning by using data from public transportation providers, taxis, and bike-share systems. Mastercard is providing its own data on purchasing behaviors […]

Zuum Stays Away from Series A, Targets App Rollout

  • Emma Sandler
  • February 22, 2017
Zuum Transportation is not seeking a Series A … yet. Instead, the startup is focusing on the launch of its mobile app, which has been in beta since September. The app is slated for an official debut in May, at which point Zuum might shift focus to securing venture capitalist investors, Mobility Buzz has learned. “We want to start strong and small […]

Transonic Transportation Seeks Federal Funding for Hyperloop System

  • Emma Sandler
  • February 22, 2017
Transonic Transportation is currently seeking more than $800 million in federal loans to fund the building of hyperloop terminals, routes, and transport cars, Mobility Buzz has learned. San Antonio, Texas-based Transonic Transportation is developing a hyperloop system — the brainchild of Elon Musk — which is a proposed mode of passenger and freight transportation that would propel a pod-like vehicle […]
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