Voyage Raises $31m in Series B Funding

Voyage has completed a $31m Series B fundraise. The round, led by Franklin Templeton — with significant participation from Khosla Ventures, Jaguar Land-Rover’s InMotion Ventures, and Chevron Technology Ventures — brings the total capital raised to $52m.

Voyage is a self-driving vehicle startup focused on providing transportation services to retirement communities. The company said in the Press Release that it is optimistic about working with forward-thinking investors. The company said it aims to utilize this capital to ready its self-driving technology for commercialization, grow its team of self-driving experts, expand fleet of G2 self-driving cars in California and Florida, and introduce G3 self-driving car.

Many residents within communities don’t have access to transportation options that work for them. The company’s driverless product aims to ensure there’s always a viable option to move around independently within a community. The company will begin with self-driving car that can travel point-to-point within communities at speeds up to 25MPH.

The company has been working for over two years on this driverless product. The vehicles are able to intelligently and autonomously navigate the complex neighborhoods of communities, and safely transport our passengers door-to-door.

The company at present partnering with large communities to commercialize the state-of-the-art in self-driving technology. As the state-of-the-art advances, it plans to commercialize our technology at progressively more complex communities.

Source: Medium


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