Category: aurora

June 10, 2019 Off

Fiat Chrysler partners with Aurora to develop self-driving commercial vans

By Jill T Frey

Aurora, the autonomous vehicle technology startup backed by Sequoia Capital and Amazon, has struck a deal with Fiat Chrysler Automobiles to develop self-driving commercial vehicles.

The partnership will focus on integrating Aurora’s technology into FCA’s line of Ram Truck commercial vehicles, a portfolio that includes cargo vans and trucks. The deal could extend to FCA’s Fiat Professional brand as well, TechCrunch has learned.

The deal with Aurora aims to specifically develop and deploy self-driving commercial vehicles that could be used by any third party with a delivery-to-consumer need. For instance, once Aurora’s technology is integrated into its commercial vans, FCA could sell them to a third-party logistics company — like say, Amazon — that intends to use autonomous vehicles for deliveries.

Neither company disclosed financial terms of the deal.

The high cost of developing and bringing technology such as electrification and autonomous vehicles to market has prompted automakers, including FCA,

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June 4, 2019 Off

Aurora’s head of product is coming to TC Sessions: Mobility

By Jill T Frey

Self-driving car startup Aurora might be as buzzy as they come. The company raised more than $530 million just a few months ago in a round led by Sequoia Capital, and with “significant investment” from Amazon and T. Rowe Price Associates. We’ve learned Aurora isn’t shy about using that capital, with two acquisitions in the books.

But how, when and where will Aurora’s autonomous vehicle technology end up? Lia Theodosiou-Pisanelli, who leads product development and program management for all of Aurora’s partnerships, will join us onstage at TC Sessions: Mobility to give us the scoop.

Theodosiou-Pisanelli has had an up-close view of the autonomous vehicle industry. Prior to joining Aurora this spring, she was director of business development for Lyft’s self-driving technology business, Level 5.

Her background in global government relations at Square, as well as a U.S. Trade Representative at the White House, gives Theodosiou-Pisanelli insight into how … Read the rest

May 23, 2019 Off

Automakers have a choice: Become data companies or become irrelevant

By Jill T Frey

While Bezos amassed billions, Apple took over our culture, Google became ubiquitous and software ate the world, the automotive industry needed a bailout. Since then, they have more or less recovered, but they are no longer the undisputed titans of American industry. That title now belongs to companies that traffic in data, and the FAANGs of the world have their digital fingers on the pulse of what moves us.

However, not all hope is lost for the old auto titans. Cars are here to stay, whether they have drivers or not. Automakers can ensure their seat at the table … Read the rest

May 23, 2019 Off

Fresh off a $530M round, Aurora acquires lidar startup Blackmore

By Jill T Frey

Aurora, the self-driving car startup backed by Sequoia Capital and Amazon, is in an acquiring mood. The company, founded in early 2017 by Chris Urmson, Sterling Anderson and Drew Bagnell, announced Thursday that it acquired lidar company Blackmore.

The Blackmore purchase follows another smaller, and previously unknown, acquisition of 7D Labs that occurred earlier this year, TechCrunch has learned. 7D, founded by former software engineer from Pixar animation Magnus Wrenninge, is a simulation startup that makes photorealistic synthetic data sets for street scenes. Aurora confirmed the acquisition.

Aurora’s larger Blackmore acquisition comes on the heels of its $530 million Series B funding round led by Sequoia Capital and “significant investment” from Amazon and T. Rowe Price Associates. Aurora did not disclose the terms of the deal.

Lidar, or light detection and ranging radar, measures distance. It’s considered by many in the emerging automated driving industry — with the exception … Read the rest