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.
  • Mars Auto said it would expand its engineering team and autonomous-truck fleet.
  • The company also planned to expand the data infrastructure supporting autonomous mid-mile freight.

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.