fontinalis partners
Tesla, SpaceX alums stalk energy sector’s white whale with $2 million seed round
Hgen hopes its "whole widget" approach to hydrogen production can decarbonize heavy industry and long-haul shipping.
Next-day package delivery startup Veho valued at $1B following $125M Series A
Veho's technology matches package delivery demand with qualified driver partners and lets customers know the actual time of delivery and even communicates when the driver is headed their way.
Fontinalis Partners, the early mobility-focused VC firm, rolls out a third fund
Fontinalis Partners, a 12-year-old, Detroit-based venture firm that was among the earliest early-stage venture outfits to focus squarely on mobility, has collected $104 million in capital commitments
Gatik’s self-driving box trucks to shuttle groceries for Loblaw in Canada
Gatik, the autonomous vehicle startup focused on the “middle mile,” is already using its self-driving box trucks to deliver customer online grocery orders for Walmart. Now, the company —
Lidar startup Ouster raises $42M in push to grow sales, diversify products
Lidar startup Ouster has spent the past several years expanding and improving its line of sensors as it jostles for a piece of the crowded and competitive market place. Now, Ouster says it has raised
5 VCs on the future of Michigan’s startup ecosystem
The Michigan startup scene is growing and venture capitalists see several key areas of opportunities. What follows is a survey of some of the top VCs in the state and how they see COVID-19 affecting t
The Station: Bird and Lime layoffs, pivots in a COVID-19 era and a $2.2 trillion deal
Hello folks, welcome back (or hi for the first time) to The Station, a weekly newsletter dedicated to the all the ways people and packages move around this world. I’m your host, Kirsten Korosec,
Helm.ai raises $13M on its unsupervised learning approach to driverless car AI
Four years ago, mathematician Vlad Voroninski saw an opportunity to remove some of the bottlenecks in the development of autonomous vehicle technology thanks to breakthroughs in deep learning. Now, He
Gatik’s self-driving vans have started shuttling groceries for Walmart
Gatik AI, the autonomous vehicle startup that’s aiming for the sweet middle spot in the world of logistics, is officially on the road through a partnership with Walmart. The company received app
Self-driving delivery van startup Gatik AI comes out of stealth with Walmart partnership
Gatik AI, an autonomous vehicle startup that came out of stealth Thursday with $4.5 million in funding and Walmart as a customer, is aiming for the sweet middle spot in the world of logistics. The com
Lidar startup Ouster raises $60 million in production run-up
Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity to assemble and ship several thousand sensors a month by the end of 2019. The ne
Self-driving truck startup Ike raises $52 million
Ike, the autonomous trucking startup founded by veterans of Apple, Google and Uber Advanced Technologies Group’s self-driving truck program, has raised $52 million in a Series A funding round le
Miles gives you reward miles for almost everything
Reward miles are nice if you fly a lot but what if you bike or take Lyfts or just like to wander around town? A new app called Miles aims to give you rewards for all of those things, bringing the conc
Weather tracking tech developer ClimaCell raises $15 million
ClimaCell, a weather forecasting technology that uses wireless networks to create incredibly granular predictions, has raised $15 million to develop new products and expand beyond the U.S. The Boston-
Quantifying the driverless startup boom
For driverless car startups, raising capital seems to happen on autopilot. Investors and acquirers have put billions into the space over the past couple of years in the race for early-mover advantage.
To stop hackers from invading self-driving cars, Karamba Security raises $12 million
By 2020, an estimated 75 percent of cars will be internet-connected worldwide, according to estimates from the FBI, Department of Transportation and the National Highway Traffic Safety Administration.
Hangar raises $6.5 million to give companies all the drone data they want without having to fly themselves
Drones and pilots legally permitted to fly them are here in spades. So American businesses are scrambling to figure out how to use drones to gain a competitive advantage. Recent examples saw Travelers
Karamba Security raises $2.5 million to keep self-driving cars safe from hackers
A cybersecurity startup based in Hod Hasharon, Israel, Karamba Security, has raised $2.5 million in new Series A funding to protect internet-connected cars and self-driving vehicles from hackers. Font