Tag: otto
Kindred Ventures just closed its second fund with $100 million in capital commitments
Two years after launching its $56 million debut fund, Kindred Ventures, a San Francisco-based pre-seed and seed-stage venture fund founded by Steve Jang and Kanyi Maqubela, has closed its second fund with $100 million in capital commitments. Jang is himself a founder who later jumped into investing. In more recent…
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Donald Trump pardons ex-Waymo, Uber engineer Anthony Levandowski
Last year Anthony Levandowski pleaded guilty to one count of stealing materials from Google, where he was an engineer for its self-driving car efforts before leaving to found a startup that he sold to Uber. The judge said during his sentencing that h… Source
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OTTO Motors raises $29M to fill factories with autonomous delivery robots
When Clearpath Robotics CEO and co-founder Matthew Rendall looks at the “miles” of roads inside industrial factories, he sees them filled with autonomous vehicles. And in the past five years, the company has inched toward that goal through its industrial division OTTO Motors. The division, which launched in 2015, has…
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Uber argues ‘fraud’ absolves it from paying star engineer’s $179M fine to Google
Uber argued in a recent court filing that former employee Anthony Levandowski committed fraud, an action that frees the company from any obligation to pay his legal bills, including a judgment ordering the star engineer to pay Google $179 million. The court filing was first reported by Bloomberg. Uber’s fraud…
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The Station: Pony.ai turns to delivery, Kodiak cuts, Lime snaps up Boosted’s IP
Hi and welcome back to The Station, a weekly newsletter dedicated to the future (and present) of transportation. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. What you’re reading here is an abbreviated version of The Station. To get the complete newsletter, which comes out every weekend, go…
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Self-driving car engineer Anthony Levandowski files motion to force Uber into arbitration
Anthony Levandowski, the star self-driving car engineer who was at the center of a trade secrets lawsuit, has filed a motion to compel Uber into arbitration in the hopes that his former employee will have to shoulder the cost of at least part of the $179 million judgment against him.…
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