# nuTonomy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nutonomy

- Industry: Software
- Headquarters: Boston, US
- Website: www.nutonomy.com
- Total disclosed funding: $20M
- Latest round: Series A (May 24, 2016)
- Investors on record: 5

## About

nuTonomy Inc. is a Boston-based innovator in autonomous vehicle technology, focusing on creating self-driving systems for mobility applications, enhancing urban transportation solutions through advanced automation.Founded in 2013 and headquartered in Boston, US, nuTonomy Inc. specializes in autonomous vehicle technology, aiming to revolutionize urban transportation. In October 2017, Delphi Corp acquired nuTonomy for an upfront price of USD 400.00 mn, with potential earn-outs of USD 50.00 mn. The firm has completed a total of 3 deals, and its latest funding round was a Trade Sale concluded in November 2017.Motional specializes in the development and deployment of autonomous vehicles (AVs), specifically focusing on SAE Level 4 AVs designed for ride-hailing and delivery applications. The core product offering includes driverless vehicles that are engineered to be seamlessly integrated into existing mobility networks. These vehicles utilize advanced machine learning algorithms for motion planning, allowing them to adapt and improve their performance over time. Motional's technology enhances safety, reliability, and accessibility in transportation, targeting urban environments and metropolitan regions across North America and select international markets. Their client base predominantly consists of ride-hailing services and logistics companies, aiming to provide efficient and user-friendly solutions for everyday transportation needs.Motional generates revenue through strategic partnerships and collaborations within the autonomous vehicle ecosystem, particularly with ride-hailing services and delivery platforms. The business structure typically involves B2B transactions where the clients, such as ride-hailing companies, integrate Motional's driverless technology into their services. Revenue may arise from licensing agreements, technology partnerships, and potential service fees linked to the usage of autonomous vehicles in urban areas. While specific pricing details for individual products or services are not disclosed, the company's flagship offerings are expected to be part of comprehensive service packages tailored to the needs of their enterprise clients, ensuring a streamlined approach to deploying AV technology in operational frameworks.Motional plans to continue enhancing its autonomous vehicle offerings, although no specific new product launches or release dates have been publicly detailed. The company aims to expand its presence in urban markets across North America and select international regions. The acquisition by Delphi Corp is expected to bolster Motional's capabilities and market reach, enabling further development and deployment of autonomous technologies in metropolitan regions. The recent funding round will support these initiatives, allowing for continued investment in research and development.

## Funding rounds

- Series A, May 24, 2016, $16M — Highland Capital Partners, SG Growth Capital, Samsung Venture Investment, Fontinalis Partners, Signal Ventures
- Seed, Jan 28, 2016, $3.6M — Samsung Venture Investment, Fontinalis Partners, Signal Ventures

## Investors

- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Seed, Series A
- Fontinalis Partners (https://capitalatlas.ai/funds/fontinalis-partners) — Seed, Series A
- Signal Ventures (https://capitalatlas.ai/funds/signal-ventures) — Seed, Series A
- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series A
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series A