Jaguar Land Rover invests in Voyage robotaxi service

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Jaguar Land Rover’s venture capital arm InMotion Ventures has announced its follow-on investment into autonomous vehicle manufacturer, Voyage. The investment is part of a US$31m Series B fundraiser, led by Franklin Templeton, with participation from Khosla Ventures and Chevron Technology Ventures – bringing its total capital raised to US$52m. Voyage will be using the fresh funding to bring its technology to commercialization, grow its team, expand its fleet of G2 self-driving cars, and introduce its G3 self-driving car.

Founded in 2017, Voyage is developing autonomous vehicle technology for communities with limited transportation options available to them. The company’s first driverless product aims to ensure there’s always a viable option to move independently within a community, beginning with a self-driving car that can travel point-to-point within communities at speeds up to 25mph (40km/h). So far, the company has been trialling its products in retirement communities in California and Florida, with 4,000 and 125,000 residents respectively.

Sebastian Peck, managing director, InMotion Ventures, said, “Since investing in the company’s Series A funding round 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.”

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Dan joined UKi Media & Events in 2014 having spent the early years of his career in the recruitment industry. As deputy editor, he now produces content for the Autonomous Vehicle International website and supports the editor with the publication of each exciting new issue.

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