Inmotion Ventures Backs Self-Driving Taxi Start-Up


By: Jaguar Land Rover North America LLC
Comment

•Jaguar Land Rover's venture capital arm invests $3 million in self-driving taxi service Voyage

•Voyage has raised a total of $20m to date

•InMotion Ventures supports Voyage in developing global autonomous vehicle service

London, UK – InMotion Ventures, Jaguar Land Rover's venture capital arm, has invested $3 million in US-based self-driving taxi service Voyage.

The backing will support Voyage in developing a global service, with the aim that anyone can summon an autonomous vehicle to their door and reach their destination safely. Voyage has already trialled its self-driving taxi service in a gated community in San Jose, California. The company is licensed to test self-driving cars on Californian roads in 2018 and is refining its technology and service with feedback from users.

In this funding round, InMotion Ventures invested alongside Khosla Ventures, SV Angel, Initialized Capital, Amino Capital and Charles River Ventures.

'We are thrilled to have support from InMotion Ventures in this successful funding round. The investment will help our business grow in technical and operational expertise, as we expand into new communities globally. This is an exciting year for us with further passenger trials planned.'

Oliver Cameron

Chief Executive, Voyage


Trending News
  • Gooding & Company Auction Preview
  • Gooding & Company to Offer the Most Exceptional Selection of Porsche Spyders at the Company's 15th Annual Pebble Beach Auctions
  • Ford Is Raffling A One-Of-A-Kind Kona Blue Mustang Bullitt To Help Find A Cure For Juvenile Diabetes
  • UK Pricing Announced For New Jeep Renegade
  • Honda Push On In Title Battle As Neal And Cammish Head North To Knockhill

    'We are excited to be working with Oliver Cameron and his world-class team at Voyage. We believe they have the capability to quickly make self-driving, autonomous taxis in residential communities a reality.'

    Sebastian Peck

    Managing Director, InMotion Ventures

    The first InMotion investment of 2018, Voyage is the 12th company to join its mobility and transport venture portfolio.

  • posted on conceptcarz.com
    Loading............


    Vehicle information, history, and specifications from concept to production.

    Follow ConceptCarz on Facebook Conceptcarz Google+ Follow ConceptCarz on Twitter RSS News Feed

    Conceptcarz.com
    © 1998-2018 Conceptcarz.com Reproduction or reuse prohibited without written consent.