After last week’s $582 million in funding for autonomous vehicle companies, you might think that driverless investment would coast for a while. However, this week saw more than $1 billion in support for developing self-driving cars and trucks. President’s Day is traditionally the time for car sales, but the automakers and big technology companies are…
VCs like Ike, fueling self-driving truck startup with $52M
A company named Ike has raised $52 million in Series A funding. The San Francisco-based startup is developing autonomous trucks with the goal of increasing safety, creating a commercial offering at scale, and helping improve the livelihoods of human drivers. Bain Capital Ventures led the round, with participation from Redpoint Ventures, Fontinalis Partners, Basis Set…