TuSimple

Self-driving truck startup TuSimple announced today that the United States Postal Service (USPS) has awarded it a contract to perform five round trips, for a two-week pilot, hauling the agency's trailers more than 1,000 miles between the USPS distribution centers in Phoenix, Arizona and Dallas,...

Venture investing in autonomous vehicles continues to heat up, and as startups mature expect late stage investing to increase, said an Emerging Tech Research Report on Mobility released by Pitchbook this week. The report also highlighted trends in the logistics space, with legacy companies...

This past week has seen a couple of major deals in the autonomous trucking space. TuSimple landed $95 million in Series D funding, while Ike Robotics took home $52 million in series A. The two companies are at different stages and take different approaches to self-driving truck development....

TuSimple, a San Diego- and China-based autonomous truck company, announced today it has raised $95 million in Series D funding based on a valuation of $1 billion. The investment brings TuSimple's total funding to date to $178 million. The latest round was led by SINA Corp (NASDAQ: SINA), a...