Uber to open Michigan research center. Velodyne opens LiDAR factory. Airbus plans airborne taxi trials.
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CB Insights celebration
The new corporate R&D

Hi there,

With automakers essentially co-opting CES as a satellite auto show in recent years, it's no surprise that this year's tradeshow was packed with automotive reveals and demos.

Our own CB Insights analyst Nick Pappageorge (@npappag) was on the scene this year and shared his 8 key takeaways from the event, covering autonomous driving, drones, IoT, and more.

CB Insights subscribers can also click here to track the startups of CES 2017.

In recent months, we've heard several major automakers have mulled establishing their own venture arms, as OEMs are aggressively investing in startups as a conduit for tech innovation.

With non-tech buyers as a whole becoming a force in tech acquisitions (like GM with Cruise), the topic of outsourced corporate R&D was a major topic at last week's CB Insights Innovation Summit.

In our corporate innovation panel, Dave McClure of 500 Startups pointed out common pitfalls among corporations seeking to become active startup investors:

The full recap includes more tips from Jeff Pashalides of Sequoia Capital and Tom Frangione of Greylock Partners, elaborating on what corporations must bring to the table (beyond capital) to be effective investors in tech startups.

For those of you who couldn't attend, you can still sign up here to get the videos and presentations. The highlights will also be posted here as they become available.

Have a great rest of the week.


AR has arrived and 7 other big takeaways from CES 2017

Nvidia, Amazon Echo, and French tech also made waves at CES 2017. Check out the list.
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Startups are the new corporate R&D

Corporate VCs need to bring more than capital to the table to be effective investors in tech startups. See the discussion.
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Auto tech startup financing tops $1 billion in 2016

Deals and dollars both rocketed to annual records as investors scramble to claim their stakes in the mobility gold rush. Check out the data.
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Q&A: Varun Jain, Senior Investment Manager, Qualcomm Ventures

The Cruise investor weighs in on valuations in the auto tech space and areas of opportunity for the road ahead. See the interview.
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This Week in Auto Tech
A curated mix of recent articles on auto tech financings, exits, announcements, hirings, partnerships & perspectives.
Neurala announces $15M raise. The CBI Cruncher caught the SEC filing for this round, but the deep learning and computer vision startup officially announced its Series A this Tuesday.

Alstom invests in EasyMile. The French transport giant invested €14 million in the electric driverless shuttle company.

Daimler FS acquires payments company. The auto company's financial arm acquired PayCash Europe to launch a "Mercedes pay" service.
Automotive World

TomTom buys Autonomos. The mapping company has acquired the Berlin-based autonomous driving startup.


Company News
Uber plans Michigan research center. The transportation network company will open an autonomous vehicle research center in Wixom, MI by March.

NHTSA closes Autopilot probe. The regulator was unable to uncover defects with Tesla's semi-automated driving technology following a fatal May crash.


Amazon's self-driving routing patent. The e-commerce behemoth has been granted a patent to help autonomous vehicles navigate reversible lanes.

Google ride-hailing patent. The company has filed a patent application for determining pick-up and destination locations for autonomous vehicles.

The Verge

Velodyne opens new factory. The LiDAR maker has opened a new San Jose "megafactory" for the mass production of its sensors.

Airbus plans airborne taxi test. The aerospace company's Project Vahana aims to begin testing of its self-driven flying taxis by the end of the year.
TechCrunch seeks app team. After open-sourcing software behind its cancelled self-driving kit, the a16z-backed startup is looking to make a move.

Starship Technologies hits US. The Daimler-funded drone delivery startup has moved from UK trials to testing with DoorDash and Postmates in the US.


Hyperloop One elevates Uber fundraiser. The ambitious transport venture has named Brent Callinicos, former CFO of Uber, as its chief financial adviser.

Articles & Perspectives
The end of traffic. Lyft cofounder John Zimmer envisions a congestion-free future.

A 2017 frontier tech founder's atlas. Shahin Farshchi of Lux Capital cites driverless vehicles as the next great platform opportunity.
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