Inmotion Ventures backs taxi start-up
Written by Mark Evans
InMotion Ventures, Jaguar Land Rover’s venture capital arm, has invested USD3 million in US-based self-driving taxi service Voyage.
The backing will support Voyage in developing a global service, with the aim that anyone can summon an autonomous vehicle to their door and reach their destination safely. 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.
In this funding round, InMotion Ventures invested alongside Khosla Ventures, SV Angel, Initialized Capital, Amino Capital and Charles River Ventures.