Startups, too, are working in simulation. The CBI Cruncher tracked a $1.9M financing this week to RightHook, a recently unstealthed engine-in-the-loop (EIL) simulation platform targeting autonomous vehicle applications.
In last July’s auto tech webinar, we discussed the dramatic mileage requirements that might be necessary to demonstrate autonomous vehicle reliability (referencing a RAND study on the topic and the subsequent importance of other testing methods such as simulation).
The auto tech landscape has evolved rapidly since then; Google/Waymo now has nearly 2x the road miles it did in this graphic. Join our upcoming briefing to get up to speed on the latest developments in mobility and transport tech.
Mapped: 125+ IIoT startups
Autonomy has been the trendiest topic within the auto and transport tech spheres for some time now, but asset-heavy industrials like automakers and manufacturers continue to see value in the less glamorous field of connected hardware.
As laid out in the map, applied sensor networks have been particularly relevant for auto and transport players, with the rise of connected vehicle and fleet telematics startups as well as warehousing and logistics tracking companies.
The road to transportation-as-a-service
Another market map comes courtesy of Paul Asel, managing partner of Nokia Growth Partners (NGP). Paul’s guest post on the CB Insights blog dives into the dramatic value shifts facing legacy auto companies and examines the startups working to make TaaS a reality.