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autonomous vehicles

U.K. Self-Driving Vehicle Developer ‘Five’ Raises $41 Million

By
Amir Efrati
· · Source: The Information

Five, one of three well-known self-driving car developers based in the U.K., late Tuesday announced $41 million in equity funding from local and regional investors. The fundraising underscores continued investor interest in the technology, despite the cash burn and uncertain timelines. Five is named after the term Level 5, which is industry parlance used to describe flawless self-driving...

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