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SOFTWARE (NON-INTERNET/MOBILE) | Scientific, Engineering Software
zoox.com

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Founded Year

2014

Stage

Acquired | Acquired

Total Raised

$990M

Valuation

$0000 

About Zoox

Zoox is a robotics company pioneering autonomous mobility. The company is developing a fully autonomous electric vehicle and the supporting ecosystem required to bring the technology to market at scale. Through cutting-edge research, engineering, and design efforts across hardware, software, and user experience, Zoox aims to provide the next generation of mobility-as-a-service in urban environments.On June 25th, 2020, Zoox was acquired by Amazon at a valuation of $1.2B.

Zoox Headquarter Location

1149 Chess Dr.

Foster City, California, 94404,

United States

650-539-9669

Latest Zoox News

Teledriving service Vay aiming to hit the road next year

Sep 12, 2021

by Bloomberg | Today at 2:45 a.m. Engineers work on a Vay teledriving electric Kia vehicle at their garage in Berlin. MUST CREDIT: Bloomberg photo by Krisztian Bocsi Deploying vast fleets of robocars has been much tougher than Tesla, Alphabet's Waymo and others thought. One European startup is now pitching an intermediate step to full autonomy: teledriving. Germany's Vay, which has been quietly testing a fleet of remote-controlled electric vehicles all over Berlin, plans to roll out a mobility service in Europe and potentially the U.S. next year. For a fraction of the price of an Uber, customers will be able to order a remote-controlled car, drive themselves to their desired destination and then get out, leaving it to a human teledriver miles away to either park the vehicle or steer it to a next client. In a later step, Vay plans to introduce a ride-hailing service that's entirely remote-controlled. "We're launching next year -- not in five years -- with services that have huge benefits over what is out there," Chief Executive Officer Thomas von der Ohe, who previously worked on Amazon.com's Alexa and at self-driving startup Zoox, said in an interview. The concept may be novel, though it isn't new. Former Nissan Motor boss Carlos Ghosn touted the approach at the 2017 Consumer Electronics show, showcasing a platform for managing fleets of autonomous vehicles developed from National Aeronautics and Space Administration technology. While von der Ohe says he still believes in full autonomy, he learned at Zoox how difficult and expensive it can be to develop robot cars. While Zoox raised a significant sum of venture capital and at one point was valued at $3.2 billion, the startup struggled to commercialize its technology and ran low on cash during the pandemic. It agreed to a $1.3 billion sale to Amazon in August 2020. Vay's von der Ohe and his co-founders -- engineer and electric-car developer Fabrizio Scelsi and Bogdan Djukic, who built software for Skype -- have poached people from Google, Volkswagen's Audi and Elon Musk's Boring to develop hardware and software for a teledriving-first approach. The company's trained teledrivers operate from stations equipped with a steering wheel, pedals and several large monitors for 360-degree vision without blind spots. The system has built-in redundancies, prevents speeding and overlays safety information onto the screens to make rides safer. Vay says it has solved latency issues and successfully remote-controlled cars through extreme situations requiring emergency braking and evasive maneuvers. Its CEO argues that starting with teledriving will enable the company to build its brand and gather valuable operational data so it can gradually introduce autonomous features as they become available. But the startup that employs about 70 people will have to overcome challenges like winning over local regulators, raising enough money to fund its expansion and managing peaks in supply and demand without frustrating customers. Vay has so far collected some $30 million from investors, including Twitter Chairman Patrick Pichette and venture capital firm Atomico, and is open to sell shares to the public in the longer term, von der Ohe said. It's in talks with major automakers about potential partnerships as the business scales and explores future use cases -- think steering a truck from a distance as the in-vehicle driver rests. And while outfitting cars with self-driving technology can add as much as $100,000 of cost, Vay says its proprietary software and hardware costs just a few thousand euros and could be installed on any car on the market. "Vay appealed to us because of the economics," said Atomico partner Niall Wass, a former Uber executive. "You can get a product on the road way quicker and way cheaper than pursuing Level-4 or Level-5 autonomy." Print Headline: Teledriving service Vay aiming to hit the road next year ADVERTISEMENT

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Research containing Zoox

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Zoox in 11 CB Insights research briefs, most recently on Aug 25, 2021.

Expert Collections containing Zoox

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Zoox is included in 6 Expert Collections, including Auto Tech.

A

Auto Tech

1,167 items

Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.

S

Smart Cities

1,344 items

A

AI 100 2018

99 items

E

Enterprise SaaS

2,452 items

Software-as-a-service (SaaS) – internet based software offered as a subscription – continues to become the de facto standard for software distribution and consumption. Enterprise SaaS continues to show particular promise, emerging as one of the most well-funded categories. Startu

E

Electric Vehicle Technology

717 items

Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.

A

Autonomous Driving Tech

357 items

Includes companies working on fully autonomous vehicles, full-stack self-driving solutions, and the components (such as perception software, sensor hardware, HD mapping, and simulation) that help train autonomous vehicles and guide them on the road.

Zoox Patents

Zoox has filed 430 patents.

The 3 most popular patent topics include:

  • Autonomous cars
  • Diagrams
  • Image processing
patents chart

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9/10/2019

9/7/2021

Autonomous cars, Vehicle dynamics, Diagrams, Mathematical optimization, Periodic table

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Related Topics

Autonomous cars, Vehicle dynamics, Diagrams, Mathematical optimization, Periodic table

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Zoox Web Traffic

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Page Views per User (PVPU)
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