Helm.ai raises $26M for 'unsupervised' autonomous driving software

Learn more about what comes next. Helm.ai, a startup creating software for autonomous vehicles, today announced that it raised $26 million in series B financing led by Amplo, JMPartners, Base Capital Funding, and Freeman Group with participation from ACVC, One Way Ventures, Binnacle Partners, and individual investors. According to CEO Vlad Voroninski, the funding will help Helm "better serve its customer base" while supporting product expansion. Self-driving technologies have captured the attention of investors during the pandemic, particularly as strains on the supply chain -- exacerbated by a driver shortage -- make apparent the usefulness of automated delivery trucks. For example, earlier this year, self-driving software startup Embark announced plans to go public in a deal that would value the company at more than $5 billion.