CAMBRIDGE, MA, Self-driving technology company, ISEE, has raised $40 million in a Series B funding round.
The round was led by Founders Fund and included investments by Maersk Growth, Eniac Ventures, New Legacy and other new and existing investors. This brings ISEE's total funding to $70 million since the company was spun out of MIT in 2017.
ISEE is an autonomous driving technology company, spun out of MIT, whose humanistic, AI-powered, self-driving yard trucks are modernizing the global supply chain for the world's leading companies. ISEE autonomous yard trucks are helping customers like Maersk, Lazerspot, and Fortune 100 retail companies automate their logistics hubs and achieve even greater yard safety, cost savings, consistent driving performance, and reliable driving capacity. With proprietary technology that anticipates unexpected behavior better than any other solution on the market, ISEE is poised to become a leader in the $100B global autonomous yard truck market.
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