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How are start-ups shaping the self-driving revolution?

Stan Boland, Chief Executive of self-driving technology company Five, speaks to Megan Lampinen about the contribution that start-ups are making to future mobility

UK start-up Five (Five AI Inc.) is helping steer the automotive industry towards a safe, driverless future. It began developing an innovative platform for autonomous mobility as a service four years ago. Developments took a big step forward in October 2019 with Five's participation in the StreetWise London road tests. This project, led by Five, saw a fleet of self-driving vehicles ferry commuters around London, one of the more complex testing environments. Five provided the reference software stack that powers pivotal aspects of the vehicles' self-driving systems.

Since then, the company has gone on to secure fresh funding from investors. The most recent US$41m infusion puts its total funding at US$77m, making it one of the best-funded autonomous driving start-ups in Europe. As Chief Executive Stan Boland tells Automotive World, that financial backing should go far in helping Five make a real contribution to the mobility ecosystem of the future.

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https://www.automotiveworld.com/articles/how-are-start-ups-shaping-the-self-driving-revolution/

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