Ghost raises $100 million for 'breakthrough' in autonomous driving safety

A startup company called Ghost has raised $100 million Series D financing, fueling the development of its autonomous driving system that features what it describes as "a revolutionary breakthrough in crash prevention". Returning investors Sutter Hill Ventures and Founders Fund participated in the round, along with a new commitment from Coatue. Ghost was founded in 2017 with the belief that driving should not be dangerous. Despite all the technology and features included in modern cars, cars still crash – accidents and fatalities are going up, not down. Even semi-autonomous and fully autonomous vehicles struggle to recognize and avoid every potential obstacle on the road, instead relying on human intervention to handle edge cases and prevent crashes.