SoftBank Vision Fund 2, Enlightenment Capital-led investment will enable the company’s commercial division, RR.AI, to scale and provide an end-to-end autonomy solution for transportation and logistics markets.
CLARKSBURG, Md., Jan 10 (Bernama-BUSINESS WIRE) — Robotic Research, a global leader in autonomous mobility and robotics solutions, today announced a $228 million funding round—the first outside capital the company has raised. This funding will drive further innovation and expansion of Robotic Research’s commercial division, RR.AI, which is focused on delivering comprehensive autonomous driving solutions for commercial truck, bus, drayage and logistics vehicles. Investors in the Series A round include SoftBank Vision Fund 2, Enlightenment Capital, Crescent Cove Advisors, Henry Crown and Company, and Luminar Technologies, Inc.