Science & Technology

Six self-driving unicorns top $1 billion in valuation

In a crowded field of more than 240 startups in self-driving cars, six companies — four of them in Silicon Valley — have achieved unicorn status, with valuations of $1 billion or more, according to industry estimates and publicly available data. Here’s a closer look:Velodyne LiDAREst value: $2 billionFunding: $150 millionFounded: 2007Headquarters: Morgan Hill, CABusiness: Lidar sensorsInvestors: Ford, BaiduZooxEst value: $1.67 billionFunding: $290 millionFounded: 2014Headquarters: Menlo Park, CABusiness: AV systemsInvestors: DFJ, Lux Capital, AID Partners, Blackbird Ventures, Composite CapitalQuanergy SystemsEst value: $1.59 billionFunding: $150 millionFounded: 2012Headquarters: Sunnyvale, CABusiness: Lidar sensorsInvestors: Daimler, Delphi, Samsung, Sensata, Motus Ventures, Alrai Capital, GP Capital, Newbury Ventures, Wicklow Capital, Wardenclyffe PartnersLeddarTechEst value: $1.33 billionFunding: $122 millionFounded: 2007Headquarters: Quebec City, Quebec, CanadaBusiness: Lidar sensorsInvestors: Delphi, Magneti Marelli, Osram, Integrated Device Technology, Access Capital, BDC Venture Capital, Go Capital, Desjardins Venture Capital, Innovatech Quebec, I-Source GestionClearMotionEst value: $1.25 billionFunding: $130 millionFounded: 2009Headquarters: Woburn, MABusiness: SoftwareInvestors: Qualcomm, Bridgestone, JP Morgan, New Enterprise Associates, Acadia Woods Partners, Eileses Capital, World Innovation LabNautoEst value: $1.06 billionFunding: $174 millionFounded: 2015Headquarters: Palo Alto, CABusiness: DataInvestors: BMW, Toyota, General Motors, Allianz, Softbank, Greylock Partners, Playground Global, Draper Nexus, Index Ventures, Maniv Energy Ventures, Trucks VCSources: CB Insights, TechCrunch, Funderbeam, Crunchbase

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