TIER IV invests in Taiwan-based autonomous driving startup Turing Drive
Summary
TIER IV has invested in Taiwan-based Turing Drive and formed a capital and business alliance. The partnership aims to improve Autoware-based autonomous driving software for geofenced and low-speed environments. Both companies want to accelerate deployments across Asia and expand their global reach. Turing Drive brings field experience from commercial autonomous driving projects in multiple countries. The deal strengthens TIER IV’s Pilot.Auto platform and supports practical mobility services for logistics, airports, ports, factories, and public transport.
Classifications
industries
Automotive
applications
Calendar, Scheduling
AskAI Classifications
Labels
Autonomous Driving Software
SaaS
Vehicle Software Solutions
Linked Companies
Turing Drive
$5M to $10M
Autoware Foundation
$1M to $5M