nuTonomy Closed $3.6M Seed Funding Round
Summary
nuTonomy Inc., a Cambridge, MA-based developer of advanced software for autonomous vehicles, closed $3.6M seed funding round.The software is currently being integrated and tested by automotive partners in both the U.S. and Europe, with the goal of deploying self-driving features within the next few years.Frazzoli previously directed the first open-to-the-public pilot of on-demand automated vehicles.The pilot, which took place in Singapore in 2014, enabled more than 500 Singaporean citizens to experience an Uber-like service to request driverless transportation throughout the Jurong Lake Gardens, a central public park.That initiative, led by SMART (Singapore-MIT Alliance for Research and Technology), enabled the team to prove the demand for autonomous vehicle technology in Singapore and develop it for city-wide management of autonomous vehicle fleets in urban settings.