self-driving vehicle startup xconomy
NuTonomy, Optimus Lead Pack of Self-Driving Vehicle Startups Xconomy
Here comes the blind fury of autonomous vehicle startups. We knew it was coming, since everyone from Google and Uber to GM and Tesla is working on the technology. Boston-area startup NuTonomy, founded by a pair of MIT scientists in 2013, is the latest to make a splash. The company announced on Tuesday a Series A funding round of 16 million, led by Highland Capital Partners, with participation from other investors including Singapore's economic development group and Fontinalis Partners (which was co-founded by Ford Motor's executive chairman Bill Ford). The company raised 3.6 million in seed funding earlier this year.