Mars Auto raises $12M Series A for autonomous trucking

May 4, 2022 · Funding · Mars Auto · Logistics

Mars Auto raised a $12 million Series A to expand self-driving truck development and fleet infrastructure.

Mars Auto company media
Company media · Mars Auto
  • GFT Ventures led the Series A round.
  • Mars Auto planned to expand its engineering team, truck fleet, and data infrastructure for autonomous mid-mile freight.
  • The capital supports inspection, monitoring or infrastructure automation workflows as Mars Auto moves toward broader commercial use.

Mars Auto develops and operates self-driving Class 8 trucks for commercial freight across South Korea and the United States. Its camera-centric autonomous trucking stack has been used on Korea-to-U.S. freight loops involving Hyundai Mobis, LX Pantos and logistics partners.