has been an exception to the trend, staying independent while developing an automated-driving system it hopes to one day sell to trucking and auto companies. But its lack of a deep-pocketed parent hasn't damaged its reputation, at least not among venture capitalists.
When Business Insider asked Sakkers and six other VCs which autonomous-vehicle startups they believe have the most promise, Sakkers and three others picked Aurora. No other company received as many endorsements. Sakkers called the trio "the dream team of autonomy." Mark Norman, a partner at Fraser McCombs Capital, said he has "deep respect" for them.
earlier this year that one mile driven in a virtual-testing system can have as much value as 1,000 miles driven in the real world.An autonomous-vehicle company needs loads of money to have any chance of delivering on its ambitions.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the investment portfolio of a millennial homeowner - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Levi's opening NextGen stores with 'Tailor Shops.' Take a look inside. - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Still gotta go inside....
Source: BusinessInsider - 🏆 729. / 51 Read more »
Arm president says Nvidia sale will not change its business model - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Next stock market crash: BofA sees big S&P 500 top coming in Q4 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Brexit poll: Brits say leaving EU without a trade deal would be bad - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bedzie ciężko BORIS!
Source: BusinessInsider - 🏆 729. / 51 Read more »