nuTonomy develops state-of-the-art software to enable autonomous urban driving, for use in both privately-owned vehicles and mobility as a service (i.e., 'autonomous taxis'). nuTonomy was founded by two leaders in the autonomous vehicle space, Drs. Karl Iagnemma and Emilio Frazzoli of MIT, and employs experts in perception, motion planning and decision-making. With PhDs from MIT, Caltech and other leading academic institutions, nuTonomy's team has developed more than a dozen autonomous vehicle prototypes that have been tested in the U.S., Singapore, and Europe. The company has offices in Cambridge, Mass. and Singapore.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/29/16 | $3,600,000 | Seed |
Dr. Steven LaValle Fontinalis Partners Samsung Venture Investment Signal Ventures | undisclosed |
| 05/24/16 | $16,000,000 | Series A |
EDBI Fontinalis Partners Highland Capital Partners Samsung Ventures Signal Ventures | undisclosed |
