Self-driving car startup Pony.ai raises over $100 million [The Business Insider]
Aptiv PLC Ordinary Shares (APTV)
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Source: The Business Insider
Self-driving car startup Pony.ai raises over $100 million This story was delivered to BI Intelligence Transportation and Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here . Pony.ai , a year-old California-based self-driving car startup, announced it recently completed a $112 million Series A funding round at an undisclosed valuation, according to TechCrunch . Morningside Venture Capital and Legend Capital, two Chinese venture firms, led the round, and were joined by eight other venture firms, including Comcast Ventures, IDG Capital Partners, Polaris Capital Group, and Sequoia Capital. As TechCrunch points out, this round is particularly large, surpassing the median raised via initial public offering (IPO) in 2017. Pony.ai is working on a platform that it claims can link self-driving cars' disparate technologies to help power the vehicles. Its platform aims to connect a self-driving car's sensors, software,
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News
- Automotive Electronics market is projected to grow at a CAGR of 8.7% by 2034: Visiongain [Yahoo! Finance]Yahoo! Finance
- Aptiv PLC (NYSE: APTV) had its price target lowered by analysts at Barclays PLC from $112.00 to $110.00. They now have an "overweight" rating on the stock.MarketBeat
- Is There An Opportunity With Aptiv PLC's (NYSE:APTV) 20% Undervaluation? [Yahoo! Finance]Yahoo! Finance
- Aptiv PLC (NYSE: APTV) had its price target lowered by analysts at Wells Fargo & Company from $84.00 to $83.00.MarketBeat
- Aptiv PLC (NYSE: APTV) had its price target raised by analysts at UBS Group AG from $107.00 to $110.00.MarketBeat
APTV
Earnings
- 1/31/24 - Beat
APTV
Sec Filings
- 4/15/24 - Form 144
- 4/4/24 - Form 4
- 3/28/24 - Form 10-K/A
- APTV's page on the SEC website