Also known as: Varden Labs, Embark Trucks
Self-driving semi trucks.
Company went public
Event Year: 2015
Company went public
Event Year: 2015
Embark Trucks specialized in the development of autonomous driving software specifically designed for semi-trailer trucks. The company distinguished itself within the self-driving vehicle sector by achieving several significant milestones. Embark was the first to successfully complete a coast-to-coast autonomous drive, demonstrating the viability of their technology over long distances. Furthermore, they were the first to accumulate over 100,000 miles of real-world driving data on public roads, providing valuable insights for continued development and refinement. Embark also pioneered the concept of a network of transfer points, optimizing the efficiency of autonomous trucking operations. Embark Trucks went public on the NASDAQ stock exchange in 2021, marking a major achievement for the company. However, in 2023, Embark was acquired by Applied Intuition.
Embark Trucks specialized in the development of autonomous driving software specifically designed for semi-trailer trucks. The company distinguished itself within the self-driving vehicle sector by achieving several significant milestones. Embark was the first to successfully complete a coast-to-coast autonomous drive, demonstrating the viability of their technology over long distances. Furthermore, they were the first to accumulate over 100,000 miles of real-world driving data on public roads, providing valuable insights for continued development and refinement. Embark also pioneered the concept of a network of transfer points, optimizing the efficiency of autonomous trucking operations. Embark Trucks went public on the NASDAQ stock exchange in 2021, marking a major achievement for the company. However, in 2023, Embark was acquired by Applied Intuition.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2016
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2016
Industrials
Industrials
Industrials -> Automotive
Industrials -> Automotive
Team size: 300
Hiring: No
Team size: 300
Hiring: No