Thursday, March 28

Autonomous Truck Startup Ike Raises $52 Million

Ike, the autonomous trucking startup has raised $52 million in a Series A funding round led by Bain Capital Ventures, Redpoint Ventures, Fontinalis Partners, Basis Set Ventures, and Neo.

The news was published by Ike team on its blog.

The autonomous trucking startup founded by veterans of Apple, Google, and Uber Advanced Technologies Group’s self-driving truck program.

The funding will use to increase the team and technology to scale the product.

Founded by Jur van den BergNancy Sun, and Alden Woodrow,
Ike has created, puts us on the path to building a safe and reliable self-driving trucking system at scale.

Trucking has never been at a more critical moment. A shortage of drivers, new regulations, growing accident rates, the rise of e-commerce  these issues are rapidly changing industry at the core of American society. And despite their importance, truck drivers are often overlooked, overworked, and put in harm’s way. Ike believes that self-driving trucks can help solve these challenges.