Solo Advanced Vehicle Technologies, a San Francisco, CA-based vehicle hardware company, raised $7M in Seed funding.
The round was led by Trucks VC with participation from Maniv Mobility and Wireframe Ventures.
The company intends to use the funds to build out its engineering team as they expand at its new headquarters in Fremont, California.
Led by CEO Graham Doorley, Solo Advanced Vehicle Technologies provides a vehicle hardware platform for the transportation industry, which aims to solve the inefficiency of retrofitting existing, human-centric trucks for autonomous driving.
The team will finalize the design and build Solo’s first test vehicle – a battery-electric Class 8 truck that will begin testing in 2022. The test “mule” will inform the design and engineering of the company’s alpha truck, the SD1 Heavy, a process that will also advance this year. It will be compatible with any autonomous driving software.
FinSMEs
18/03/2022