Our venture capital arm, InMotion Ventures, has invested $3 million in self-driving taxi service Voyage. The first investment of 2018, Voyage is the 12th company to join InMotions mobility and transport venture portfolio.
InMotion Ventures invests in and invents businesses in the mobility, transportation and travel sector. Powered by Jaguar Land Rover, InMotion backs innovative new approaches to getting from A to B.
The backing from InMotion will support Voyage in developing a global autonomous vehicle service, with the aim that anyone can summon an autonomous vehicle to their door. Voyage has already trialled its self-driving taxi service in a gated community in San Jose, California. The company is licensed to test self-driving cars on Californian roads in 2018 and is refining its technology and service with feedback from users.
Sebastian Peck, Managing Director, InMotion Ventures, said: “We are excited to be working with Oliver Cameron and his world-class team at Voyage. We believe they have the capability to quickly make self-driving, autonomous taxis in residential communities a reality.”
We ourselves are closer to bringing an intelligent vehicle to reality - as part of the £20m UK Autodrive project, we took part in the UK’s first tests for autonomous and connected vehicles at the end of last year. We tested a range of research technologies on the roads of Coventry, taking us another step closer to bringing an intelligent vehicle to reality. Watch the video below.