Details

Last Funding Type

Series A

Last Funding Money Raised

$130M

Industries

Autonomous Vehicles,Information Services,Software

Founded date

Jan 1, 2021

Number Of Employee

51 - 100

Operating Status

Active

Cavnue combines technology and road infrastructure to unlock the full potential of connected and autonomous vehicles.

Cavnue is a company founded by Sidewalk Infrastructure Partners (SIP) to build the future of roads. The interstate highway system defined mobility in the second half of the 20th century. Now, transportation in America and around the world is changing again. Mobility in the 21st century will be defined by intelligent, connected, and autonomous vehicles. Cavnue is designing the physical, digital, coordination, and operational infrastructure to accelerate and realize the full potential of connected and autonomous vehicles to make roads safer, less congested, shared, and sustainable.

The company is developing a first-of-its-kind connected corridor in Michigan, the birthplace of the automobile and the home of 75% of U.S. automotive R&D investment.