Autolane Secures $7.4M in Funding, Launches Curbside Operating System at Simon® Centers to Transform Retail Curbs for Autonomous Vehicle Era
Simon Property Group, Inc. (SPG)
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Source: Business Wire
Investment co-led by Draper Associates and Hyperplane fuels expansion as Autolane goes live at Austin and Bay Area shopping centers PALO ALTO, Calif.--(BUSINESS WIRE)--Autolane, a leader in autonomous vehicle infrastructure, today announced $7.4 million in funding co-led by Draper Associates and Hyperplane, with participation from LAUNCH and Feld Ventures. Additionally, Autolane is deploying its curbside operating system at four Simon® properties in Texas and California.The funding will accelerate Autolane's deployment across the retail, restaurant, and commercial property sectors. The technology supports both autonomous ride-hailing services like Waymo and Tesla Robotaxi, as well as autonomous delivery vehicles serving retailers and restaurants within the shopping centers. Since launching its first full-scale test site in the San Francisco Bay Area in May 2025, Autolane has demonstrated that dedicated autonomous vehicle infrastructure can reduce curbside pickup times by 50% or mor
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News
- Simon Property Group (SPG): Valuation Check After Antitrust Lawsuit and New High-End Retail Acquisitions [Yahoo! Finance]Yahoo! Finance
- Electrify America and Simon® Collaboration Surpasses 500 Hyper-Fast ChargersPR Newswire
- Autolane is building ‘air traffic control' for autonomous vehicles [TechCrunch]TechCrunch
- Citi Maintains Neutral Outlook on Simon Property Group (SPG) [Yahoo! Finance]Yahoo! Finance
- Is Simon Property Group Fairly Priced After New Retail Partnership and Mixed-Use Expansion News? [Yahoo! Finance]Yahoo! Finance
SPG
Earnings
- 11/3/25 - Beat
SPG
Sec Filings
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- 11/3/25 - Form 8-K
- SPG's page on the SEC website