3 years ago

WAU Secures £650,000 to Advance Data-Collecting E-Bikes for Autonomous Vehicles

  • Birmingham-based EV company WAU has raised £650,000 in pre-seed funding from Angel Investment Network

  • The company, founded in 2018, produces electric bikes that collect mapping data for autonomous vehicles

  • The funding will be used to double production at its Essex plant, increase headcount, and relocate its headquarters to Birmingham.

      • ProblemTechnology

      "Autonomous vehicles need accurate mapping data to navigate safely and efficiently. Current mapping methods are often expensive and time-consuming."

      Solution

      "WAU's e-bikes are equipped with sensors and software that collect high-quality mapping data for autonomous vehicles. This data can be used to create detailed maps that help autonomous vehicles navigate complex environments."

      Covered on