Autonomous vehicle: EasyMile raises €55 million from Searchlight - Actu IA

EasyMile, which specialises in the design of autonomous shuttles and utility vehicles, has announced that it has raised €55 million in funding from Searchlight. The objective for the Toulouse-based company is to develop its autonomous solutions into concrete commercial offers. It also wants to export its brand internationally. Last week, EasyMile announced that it had raised nearly 55 million euros thanks to the investment firm Searchlight Capital Partners, L.P., with McWin and NextStage AM. Several historical investors also contributed to the transaction: Bpifrance, Continental and Alstom.