Bot Auto Scores M Pre-Series A Round

HOUSTON, TX, Bot Auto announced the successful completion of its Pre-A funding round which was oversubscribed, raising $20 million.

Bot Auto, a pioneering company in autonomous vehicle (AV) technology, announced the successful completion of its Pre-A funding round which was oversubscribed, raising $20 million. The round was led by prominent domestic and international investors: Brightway Future Venture, Cherubic Venture, EnvisionX Venture, First Star Venture, Linear Capital, M31 Capital, Taihill Venture, and Uphonest Venture. This significant investment will fuel Bot Auto’s tech development for the next generation of autonomous trucking that focuses on safety and operation efficiency.

Bot Auto’s mission is to revolutionize the transportation industry with their autonomous trucks, making a lasting positive impact on humanity. By leveraging advanced technology and extensive experience in the AV industry, Bot Auto aims to transform goods transportation into the future of sustainable and efficient logistics. Bot Auto operates a TAAS business model with a fleet of autonomous trucks.

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By VC News Daily

Source: VC News Daily