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DoorDash has been on an acquisition tear of late with Scotty Labs as its latest target. Terms of the deal were not disclosed, but this comes after DoorDash acquired Caviar in a deal worth $410 million.
Scotty Labs, a tele-operations company that is working on technology to enable people to remotely control self-driving cars, raised a $6 million seed round from Gradient Ventures with participation from Horizon Ventures and Hemi Ventures last March. The startup had previously worked with Voyage for its self-driving cars in retirement communities.
Core - Belief - Scotty - Autonomy - +
“Our core belief at Scotty has always been that Autonomy + Remote Assistance is the future,” Scotty CEO Tobenna Arodiogbu wrote on Medium. “We have intentionally always considered ourselves to be the anti-hype company and focused intensely on developing core infrastructure and algorithms to ensure the safe deployment of autonomous vehicles.”
Meanwhile, DoorDash quietly brought on the two co-founders from Lvl5, another company that had built tech to create high solution maps for autonomous driving using crowdsourced imagery and computer vision to merge and process the images. In April, Lvl5 announced it was shutting down after the acquisition.
Details - Labs - Lvl5 - DoorDash - Business
Details of how Scotty Labs and Lvl5 will fit into DoorDash’s business are nonexistent, but you could imagine DoorDash using Scotty’s technologies to remotely control delivery robots or other types of autonomous vehicles.
“We’ll share more updates in the near future but for now, we’re really excited to be part of the amazing DoorDash family and looking forward to building something magical together,” Scotty Labs co-founder Tobenna Arodiogbu wrote on Medium.
Lvl5 - Deal - Acquihire
From what we understand, the Lvl5 deal was more of an acquihire and did not include any of...
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