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Industries
Robotics & Automation
Automotive & Transportation
Company Size
201-500
Company Stage
Series A
Total Funding
$1B
Headquarters
Pittsburgh, Pennsylvania
Founded
2023
StackAV develops and implements autonomous systems specifically for the trucking industry. Their products aim to tackle challenges such as safety, reliability, and efficiency in transportation. These systems work by integrating advanced robotics and technology to streamline supply chain operations, allowing for faster and more reliable delivery of goods. Unlike other companies in the autonomous vehicle sector, StackAV focuses exclusively on the unique needs of trucking and logistics, providing tailored solutions that enhance operational efficiency. The goal of StackAV is to create a safer and more efficient transportation ecosystem, ultimately helping businesses reduce costs and improve productivity.
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Total Funding
$1000M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Professional Development Budget
A developer of autonomous trucking solutions, Stack AV also published its inaugural Voluntary Safety Self-Assessment (VSSA), which outlines the company's initiatives to hold itself to high safety standards and commitment to be transparent with the general public, regulators, and other stakeholders in its efforts to do so.
SoftBank is also expected to invest an estimated $1 billion into Stack AV, an autonomous trucking startup.
Listen to this articleRobotics investment for the month of September 2023 totaled $1.84 billion, the result of 50 investments (See Table 1 below or download Table 1 here). Total funding for the months of January 2023 through September 2023 equals approximately $10.7 billion. Funding was $851 million in August 2023 and nearly $2 billion in July 2023. Companies located in the USA, China and Israel received the most rounds and the most funding amounts, dwarfing other countries (Figure 1, below). Companies based in the USA received the majority of the rounds (23), which resulted in a total funding inflow of $537 million. Firms based in China attracted $141 million in funding (coming from 17 investments), while four investments in Israeli companies accounted for $94M in investment
Washington, D.C. - The Autonomous Vehicle Industry Association (AVIA) announced today that Stack AV, a company committed to developing technologies for autonomous trucks, joins AVIA as its newest member.
Autonomous trucking startup Stack AV raised a $1B Series A round backed by SoftBank last week.
Pittsburgh, PA, USA
Pittsburgh, PA, USA
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Industries
Robotics & Automation
Automotive & Transportation
Company Size
201-500
Company Stage
Series A
Total Funding
$1B
Headquarters
Pittsburgh, Pennsylvania
Founded
2023
Remote in USA + 1 more
Pittsburgh, PA, USA
Pittsburgh, PA, USA
Find jobs on Simplify and start your career today
Discover companies similar to StackAV