Apple acquires autonomous vehicle startup

Apple acquires autonomous vehicle startup

Apple acquired autonomous vehicle startup along with their engineers, reported Axios. The financial terms of the acquisition are not available.

Founded in 2015, California based startup, raised USD $77 Million over five funding rounds, according to CrunchBase. Axios reports that Apple bags possibly for less than USD $77 Million. The company offers its shuttle services with their autonomous self-driving cars in Arlington, and Frisco, Texa.

Apple has been exploring its entry into the self-driving car segment and was working on Project Titan. CNBC reported previously that Apple had cut over 200 employees from Project Titan.

The latest acquihire of confirms that Apple is still interested in its autonomous self-driving vehicle efforts. Apple also purchased's autonomous cars and other assets, according to Axios.

There are no official Announcements either from Apple or yet.


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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.

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