Trucks Venture Capital

Trucks Venture Capital, established in 2015 and based in San Francisco, California, is an early-stage venture capital firm focused on investing in the transportation sector. The company supports entrepreneurs driving innovation in autonomous, connected, and shared vehicles, as well as transportation software.

Reilly Brennan

General Partner

Puneeth Meruva

Partner

Jason Townsend

CFO

Past deals in Self-driving

May Mobility

Series D in 2023
May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

Faction

Seed Round in 2023
Faction specializes in the development of driverless electric vehicles that combine the speed and performance of cars with the affordability of motorcycles. The company focuses on micro-delivery and ride-on-demand services, utilizing a model that integrates remote human supervision alongside autonomous technology. This approach allows Faction to bypass the limitations of fully autonomous systems, enabling quicker deployment of its services. The vehicles are designed with networked data capabilities, over-the-air software updates, and safety-critical autonomy features, ensuring a cost-effective and reliable driverless solution for clients. After completing its first prototypes, Faction is set to commence trials to further refine its offerings in the transportation sector.

Ottometric

Venture Round in 2023
Ottometric Inc. is a technology company based in Newton, Massachusetts, that specializes in developing an autonomous vehicle safety service platform. Founded in 2018, Ottometric's cloud-based platform leverages big data, artificial intelligence, sensor fusion, and computer vision to create an intelligent verification framework. This framework provides deeper insights into events and anomalies, aiding the automotive industry in enhancing the safety and reliability of advanced driver assistance systems (ADAS). As the demand for reliable ADAS features intensifies, Ottometric's scalable tools facilitate the automation and improvement of the validation and training processes, ultimately contributing to safer vehicles and potentially saving lives. The company addresses the challenges of delivering effective autonomous capabilities, which are currently viewed as inadequate by industry stakeholders.

Roadio (Formerly Streetlogic)

Pre Seed Round in 2021
Developer of an advanced driver assistance system(ADAS) designed for two wheelers. The company offers a lightweight, low-power collision warning system that consists of two fisheye cameras, a powerful processing unit, and advanced artificial intelligence to detect and notify riders of threats in real-time, enabling them to get notified of hazards around them and avoid collisions to keep them safe.

Gatik

Series B in 2021
Gatik is a startup focused on developing autonomous technology for light and medium-duty trucks aimed at B2B short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive technology. Gatik's software is designed to facilitate SAE Level 4 autonomy for commercial vehicles, specifically Class 3 to Class 7 trucks and vans. This technology is tailored for middle-mile logistics, allowing customers to efficiently meet scheduled delivery requirements.

Faction

Seed Round in 2021
Faction specializes in the development of driverless electric vehicles that combine the speed and performance of cars with the affordability of motorcycles. The company focuses on micro-delivery and ride-on-demand services, utilizing a model that integrates remote human supervision alongside autonomous technology. This approach allows Faction to bypass the limitations of fully autonomous systems, enabling quicker deployment of its services. The vehicles are designed with networked data capabilities, over-the-air software updates, and safety-critical autonomy features, ensuring a cost-effective and reliable driverless solution for clients. After completing its first prototypes, Faction is set to commence trials to further refine its offerings in the transportation sector.

Refraction AI

Seed Round in 2021
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying robotic platforms that facilitate last-mile goods delivery in urban environments. Its flagship product, the REV-1, is designed to autonomously navigate through city streets using an array of cameras, radar, and ultrasonic sensors, allowing it to pick up goods from restaurants, pharmacies, and grocery stores and deliver them directly to customers' homes. Refraction AI's technology is engineered to operate in various climates and can be monitored and operated remotely, ensuring efficient and reliable service. By enhancing the delivery process, Refraction AI aims to meet the increasing demand for faster, safer, and more cost-effective delivery solutions.

Refraction AI

Funding Round in 2020
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying robotic platforms that facilitate last-mile goods delivery in urban environments. Its flagship product, the REV-1, is designed to autonomously navigate through city streets using an array of cameras, radar, and ultrasonic sensors, allowing it to pick up goods from restaurants, pharmacies, and grocery stores and deliver them directly to customers' homes. Refraction AI's technology is engineered to operate in various climates and can be monitored and operated remotely, ensuring efficient and reliable service. By enhancing the delivery process, Refraction AI aims to meet the increasing demand for faster, safer, and more cost-effective delivery solutions.

Ottometric

Pre Seed Round in 2019
Ottometric Inc. is a technology company based in Newton, Massachusetts, that specializes in developing an autonomous vehicle safety service platform. Founded in 2018, Ottometric's cloud-based platform leverages big data, artificial intelligence, sensor fusion, and computer vision to create an intelligent verification framework. This framework provides deeper insights into events and anomalies, aiding the automotive industry in enhancing the safety and reliability of advanced driver assistance systems (ADAS). As the demand for reliable ADAS features intensifies, Ottometric's scalable tools facilitate the automation and improvement of the validation and training processes, ultimately contributing to safer vehicles and potentially saving lives. The company addresses the challenges of delivering effective autonomous capabilities, which are currently viewed as inadequate by industry stakeholders.

Gatik

Seed Round in 2019
Gatik is a startup focused on developing autonomous technology for light and medium-duty trucks aimed at B2B short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive technology. Gatik's software is designed to facilitate SAE Level 4 autonomy for commercial vehicles, specifically Class 3 to Class 7 trucks and vans. This technology is tailored for middle-mile logistics, allowing customers to efficiently meet scheduled delivery requirements.

Refraction AI

Funding Round in 2019
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying robotic platforms that facilitate last-mile goods delivery in urban environments. Its flagship product, the REV-1, is designed to autonomously navigate through city streets using an array of cameras, radar, and ultrasonic sensors, allowing it to pick up goods from restaurants, pharmacies, and grocery stores and deliver them directly to customers' homes. Refraction AI's technology is engineered to operate in various climates and can be monitored and operated remotely, ensuring efficient and reliable service. By enhancing the delivery process, Refraction AI aims to meet the increasing demand for faster, safer, and more cost-effective delivery solutions.

May Mobility

Seed Round in 2018
May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

Seeva

Seed Round in 2018
SEEVA Technologies, Inc. is an automotive engineering company based in Ann Arbor, Michigan, founded in 2017. The company specializes in manufacturing visibility systems designed to enhance the perception of commercial and passenger vehicles. SEEVA's innovative solutions utilize advanced technologies to heat and apply washer fluid, effectively clearing away snow, ice, mud, sand, dirt, and bugs that obstruct vehicle sensors, cameras, radar, and windshields. By focusing on improving the functionality of advanced driver-assistance systems (ADAS) and autonomous vehicles in challenging real-world conditions, SEEVA Technologies aims to significantly enhance vehicle safety and performance.

Oryx Vision

Series B in 2017
Oryx Vision, Ltd. is an Israeli company founded in 2009, specializing in the development of solid-state depth vision solutions for autonomous vehicles. The company has created innovative automotive LiDAR technology that utilizes microscopic light-sensing antennas, allowing for the generation of a 3D view of the surroundings. This technology simplifies autonomous driving by offering a system that operates akin to a digital camera while providing enhanced sensitivity and resistance to environmental interference. Oryx Vision's solutions are designed to meet the range and resolution requirements essential for fully autonomous driving, producing both range and velocity data for every point within its field of view.

AEye

Series A in 2017
AEye, Inc. is a technology company focused on developing advanced vision hardware, software, and algorithms for autonomous vehicles and advanced driver assistance systems (ADAS). The company’s proprietary 4Sight Intelligent Sensing Platform integrates solid-state active LiDAR with artificial intelligence and a low-light HD camera, enabling precise and reliable perception of surroundings. AEye's products, including the 4Sight A and 4Sight M sensors, along with its iDAR platform, are designed to improve safety and performance in dynamic applications by providing faster, more accurate information. The AE100 Robotic Perception System and the modular AE200 sensor further exemplify AEye’s commitment to high-performance sensing solutions. Founded in 2013 and headquartered in Dublin, California, AEye also has a global presence with offices in Germany and Korea, serving a diverse customer base primarily in the United States, Europe, and the Asia-Pacific region.

Oryx Vision

Series A in 2016
Oryx Vision, Ltd. is an Israeli company founded in 2009, specializing in the development of solid-state depth vision solutions for autonomous vehicles. The company has created innovative automotive LiDAR technology that utilizes microscopic light-sensing antennas, allowing for the generation of a 3D view of the surroundings. This technology simplifies autonomous driving by offering a system that operates akin to a digital camera while providing enhanced sensitivity and resistance to environmental interference. Oryx Vision's solutions are designed to meet the range and resolution requirements essential for fully autonomous driving, producing both range and velocity data for every point within its field of view.
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