April 01, 2021
Capital raise will take Plus s ambitions to the next level with proceeds going to R&D and testing
SHANGHAI, April 1, 2021 /PRNewswire/ Private equity firm ClearVue Partners yesterday announced the completion of a Series C funding round for Plus (formerly Plus.ai), a leading provider of self-driving truck technology in the US and China, raising USD 220 million. ClearVue is the co-lead investor of the financing round.
Plus specializes in developing full-stack self-driving technology to enable large scale autonomous commercial fleets. The firm is one of the most advanced autonomous trucking companies today in terms of technological progress and was the first to obtain California s Autonomous Testing License. The company was established in 2016 by a group of Stanford PhD classmates who saw the strong potential of artificial intelligence to transform the trillion-dollar commercial trucking industry.
Sandra De Zoysa
The Sri Lanka Association for Software Services Companies (SLASSCOM) recently hosted Colombo Test Automation 2020, in its fourth edition this year and went virtual successfully with over 250 participants.
The conference brought together leaders in the test automation community to discuss the latest in software testing technology, trends and best practices, and offered a valuable platform for quality engineering professionals and enthusiasts in the industry to benefit from the opportunity to up-skill and learn from the best in the field of quality engineering.
The conference was hosted by SLASSCOM in collaboration Platinum Sponsor Sysco Labs, Gold Sponsors CAMMS, Bistec Global, APIIT, and Corporate Sponsor Dialog Enterprise.