Self-driving startup ISEE raises $40M in Series B funding round

Another $40 million has been added to ISEE’s capital after the recent success of the self-driving technology company’s Series B funding round.

The round was led by Founders Fund and participated by Maersk Growth, Eniac Ventures, New Legacy and other new and existing investors.

Fresh fund infusion brings ISEE’s total funding to $70 million since the company was spun out of MIT in 2017.

ISEE is helping modernize today’s global supply chain by combining its “flexible AI platform with robust engineering capabilities to create a more intelligent autonomous driving system.”

At present, most of the yards are not running at its full potential. With ISEE’s autonomous yard truck solution, it is now easy to streamline operations and get more out of existing yards.

The autonomous driving technology company spun out of MIT. Its humanistic, AI-powered, self-driving yard trucks are modernizing the global supply chain for the world’s leading companies.

The operation of its autonomous yard trucks has been helping customers like Maersk, Lazerspot, and Fortune 100 retail companies automate their logistics hubs to achieve even greater yard safety. This also allows them to incur cost savings, consistent driving performance, and reliable driving capacity.

With the use of proprietary technology that anticipates unexpected behavior better than any other solutions in the market, ISEE is poised to become a leader in the $100B global autonomous yard truck market.