Cruise (autonomous vehicle company)

Cruise (autonomous vehicle company)

Cruise is a company that has developed an autonomous vehicle company, and acquired by General Motors

Cruise is a company that has developed an autonomous vehicle company, and acquired by General Motors. The company was founded by Daniel Kan, Jeremy Guillory, and Kyle Vogt in 2013, in San Francisco, California, United States.

The company is interested in building self-driving vehicles to connect people with the places, things, and experiences they care about. The company's vehicles are on the road in San Francisco, and are designed to navigate unpredictable driving conditions and environments.

The company looks to manufacture a self-driving vehicle that is entirely electric, and to use these vehicles to help solve transportation challenges around the globe. Their self-driving vehicles utilize artificial intelligence, deep learning, and machine learning to function and deliver an autonomous vehicle experience to their customers.

The vehicles that the company provides are covered with sensors that provide information regarding the environment. They utilize machine learning techniques and cloud-based tools to help vehicles understand what is happening around them. The platform creates visual 2D and 3D simulation tests.

Timeline

May 7, 2019

Cruise raised $1.15b at $19b valuation

The funds were raised from Softbank Vision Fund, T. Rowe Price Associates, and Honda. Once Cruise's autonomous vehicles are ready for commercial deployment, Softbank will complete the second investment or $ 1.35 billion. Honda made a direct equity investment of $ 750 million into Cruise.

People

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LinkedIn

Further reading

Title
Author
Link
Type
Date

Cruise | Crunchbase

Web

We're Cruise, a self-driving car service designed for the cities we love.

Web

We're Cruise, a self-driving car service designed for the cities we love.

Web

Documentaries, videos and podcasts

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Companies

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CEO
Location
Products/Services

Cruise

San Fransisco, California, United States

Self-driving vehicles for transportation services

References

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