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Plus is an autonomous driving technology company headquartered in Silicon Valley and founded in 2016 by serial entrepreneurs and industry veterans who have extensive experience in automotive technology and artificial intelligence. Plus is enabling trucks with its mass-production ready, low-cost, and high-performance full-stack Level 4 autonomous driving technology to make long-haul trucking safer, more efficient, and more sustainable. Mass production and global deployment of its supervised autonomous driving system, which reduces fuel consumption by an estimated 10-20% compared to a traditional truck, is planned to start in 2021. The Company is also collaborating with leading truck manufacturers, fleets, and ecosystem partners to drive the development of decarbonization transportation solutions including autonomous trucks powered by natural gas.
We are a San Francisco based team building self-driving semi trucks. We have raised $117MM in total and are backed by Tiger Global Management ($70MM Series C) and Sequoia Capital ($30MM Series B). We move freight daily between LA and Phoenix using our purpose built transfer hubs. This is an incredibly exciting time for autonomous driving and our team is looking to grow.
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