Self-driving
Beep raised $52.7 million in a round co-led by Intel Capital and Blue Lagoon Capital.
A dated step forward on the record · Company-reported
What the source says
“the closing of $52.7M in a funding round co-led by Intel Capital and Blue Lagoon Capital.”
What it means
Beep autonomous shuttles, from Beep, is at stage 4 of 5 on our ladder: paying customers. Its stage is set by other milestones on its record; this one adds to the history. This line rests on the company's own announcement; no regulator, customer or independent report confirms it in our sources yet.
Human help: People working remotely can steer it or take over.
More on Beep autonomous shuttles
- MOIA America and Beep began carrying invited passengers in self-driving VW ID. Buzz vans on three planned routes in Lake Nona, Orlando, with trained operators aboard.
- Beep completed a merger with Freebee, a Florida on-demand shuttle company. The combined company keeps the Beep name.
- Beep closed a Series B funding round led by Mobileye, bringing its total raised to about $130 million.
- Beep and the Atlanta Beltline opened ATL Spoke, a public self-driving shuttle pilot in Southwest Atlanta using four Karsan e-JEST minibuses.
- A local TV investigation found NAVI averaged only about 89 riders a day, and that transit-agency staff had been paid to ride. The agency denied recruiting staff to boost numbers.
- Beep began running NAVI for the Jacksonville Transportation Authority: 14 driverless electric Ford vans on a 3.5-mile downtown route with 12 stops.