GLP and Bosch Make Investment in TrunkTech

GLP and Bosch Make Investment in TrunkTech

GLP and Bosch have invested in TrunkTech, an autonomous trucking startup based in Beijing, China.

Their investments were made through their private/venture capital arms Hidden Hill Capital and Robert Bosch Venture Capital respectively.

TrunkTech is an autonomous driving technology and service provider, focused on using artificial intelligence (AI) to design customized autonomous driving solutions.

These include fleet management and remote control software that can be fully integrated into customer operating platforms at ports and warehouses. TrunkTech is TB/T3027 and ISO26262 certified and in December 2017 launched China's first autonomous container transportation in Port Tianjin with a loading capacity of 40 tons per truck.

In April 2018, a TrunkTech designed self-driving electrical truck started test run in Port Tianjing, and TrunkTech was elected into Bosch-Play-And-Plug Accelerator.

Read more: https://mp.weixin.qq.com/s/RBmM0LKsml1GX5ly-9awsg