A baggage holder sits on top of one of the company's autonomous 'Auto-Dolly' baggage transporter at the Aurrigo factory in Coventry, Britain, January 18, 2023. REUTERS/Phil Noble
(Reuters) - Corporate and private investors have turned from funding autonomous trucks and passenger cars to companies and applications in a variety of non-automotive settings, from construction and mining to airports and agriculture. Among them:
Company: Aurrigo
Headquarters: Coventry, UK
Status: public
Founded: 1993
Focus: urban & airport shuttles
Market capitalization: $40 million
Company: Oxbotica
Headquarters: Oxford, UK
Status: private
Founded: 2014
Focus: passenger shuttles, warehouse vehicles, last-mile delivery
Investors: ZF, BP, Ocado, Eneos, AXA, Tencent
Money raised: $256 million
Valuation: $720 million
Partners: ZF, BP, Ocado
Company: Einride
Headquarters: Stockholm, Sweden
Status: private
Founded: 2016
Focus: logistics yards
Investors: Maersk, Ericsson, Temasek
Money raised: $655 million
Partners: Maersk, Bridgestone, InBev, GE
Company: Outrider
Headquarters: Golden Colorado, USA
Status: private
Founded: 2017
Focus: yard & warehouse vehicles
Investors: Nvidia, Sumitomo, Abu Dhabi Investment Fund
Money raised: $200 million
Valuation: $550 million
Customers: Georgia-Pacific
Company: Teleo
Headquarters: Palo Alto, California, USA
Status: private
Founded: 2019
Focus: construction & mining equipment
Investors: UP Partners, Trucks, F-Prime, K9
Money raised: $12 million
Valuation: $44 million
Company: Parallel Systems
Headquarters: Los Angeles, USA
Status: private
Founded: 2020
Focus: railcars
Investors: Anthos, Congruent, Embark, Riot
Money raised: $53 million
Valuation: $188 million
Company: Kodiak
Headquarters: Mountain View, California, USA
Status: private
Founded: 2018
Focus: trucks, defense vehicles
Investors: BMW, Bridgestone, Pilot
Money raised: $198 million
Valuation: $506 million
Customers: Ikea
Company: Fox Robotics
Headquarters: Austin, Texas, USA
Status: private
Founded: 2017
Focus: forklifts
Investors: Menlo, Eniac, Congruent, AME
Money raised: $33 million
Company: Apex.AI
Headquarters: Palo Alto, California, USA
Status: private
Founded: 2017
Focus: agriculture equipment
Investors: Toyota, Airbus, Agco, Daimler Truck, ZF, Jaguar Land Rover, Volvo Group, Hella, Continental
Money raised: $74 million
Valuation: $297 million
Sources: PitchBook, companies
(Reporting by Paul Lienert in Detroit; Editing by Matthew Lewis)
