Voyage raises $31 million
Autonomous vehicle startup Voyage has completed a $31m Series B round led by Franklin Templeton, with significant participation from Khosla Ventures, Jaguar Land-Rover’s InMotion Ventures, and Chevron Technology Ventures, bringing the startup’s total funding to date to $52m.
In July of 2018, Canadian insurer Intact Financial announced an investment in Voyage along with a partnership to develop insurance for the autonomous age.
Voyage plans to use the funding to prepare its self-driving technology for commercialization, grow its team of self-driving experts, expand its fleet of G2 self-driving cars in California and Florida, and introduce the G3 self-driving car.
“Since investing in the company’s Series A in 2018, it’s been fantastic to watch the business go from strength to strength. The company has made some incredible hires which have been instrumental in enabling the development of Voyage’s state-of-the-art technology. We’re excited to continue working with Oliver Cameron and his world-class team at Voyage. They’ve shown us that they have the capability to quickly make self-driving, autonomous taxis in residential communities a reality, sooner than anyone would have thought.” – Sebastian Peck, Managing Director of Jaguar Land-Rover’s InMotion Ventures.