Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Phantom Auto, a remote driving startup once valued at half a billion dollars, is shutting down after failing to secure new funding. The company, which launched seven years ago, faced challenges despite its innovative technology.
Heated Seats? Advanced Telematics? Software-Defined Cars Drive Risk: https://t.co/c904oG39dm by darkreading #infosec #cybersecurity #technology #news
"remote driving startup that launched seven years ago amid the buzz of autonomous vehicle technology, is shutting down" Wow I almost FOMOed into one of these... basically a driver in a warehouse VRs into a truck for last mile. Really cool but no business model.
Scoop: Behind the shut down of a Blackstone-founded e-commerce roll up startup. Kite, which launched with a stacked exec team & $200 million in committed capital, only acquired two brands before closing shop. https://t.co/xsJJ6aTMw6
