Boston, MA – Venti Technologies, the leader in safe-speed autonomous logistics systems,
today announced that it has secured approximately $8 million in a seed round funding.
The financing round was led by LDV Partners and Alpha JWC Ventures, leaders in supporting pioneering technical teams to build winning companies in their spaces.
The investment will further Venti’s leadership in producing AI-enabled autonomous logistics transport, including fulfilling new and existing customer agreements with PSA Corporation, a global ports operator with 60 ports under management; automotive manufacturers including SAIC Volkswagen and SAIC-GM; the world’s largest automotive logistics provider, SAIC Anji Logistics Tech, and Seedland, a top Asian real estate developer and operator.
Venti is a safe-speed autonomous mobility company leading the future of transportation for moving goods and people; the company provides autonomous systems: tug-trailers for goods movement in manufacturing yards, warehouses, and logistics hubs, self-driving prime movers for the transport of shipping containers, and small luxury community transports.
Venti’s deep-learning-powered autonomy operating system (OS) powers vehicles from the company’s leading manufacturer partners and brings a rapid ability to combine its OS with nearly any combination of sensors and chasses.
“We are delighted with the partnership and support these influential investors are providing Venti as we scale our operations and build our base globally, including targeting growth opportunities in Asia, Europe, and the U.S.,” said Heidi Wyle, Ph.D., Founder and CEO, of Venti. “Their understanding of our innovative technology and huge markets make them particularly powerful partners.”
Representatives of the two lead investors, Lake Dai, Partner, LDV Partners , and Chandra Tjan, co-founder and General Partner, Alpha JWC, are joining the Venti Board, expanding it to five members.