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Remote driving startup Phantom Auto is shutting down
Phantom Auto, the remote driving startup, is shutting down after failing to raise more capital, TechCrunch has learned.
Phantom Auto, a remote driving startup that launched seven years ago amid the buzz of autonomous vehicle technology, is shutting down after failing to secure new funding, TechCrunch has learned. Phantom Auto, which had raised a total of $95 million, developed a teleoperation platform that allowed a remote driver, sometimes located thousands of miles away, to operate a vehicle if needed. Phantom Auto pivoted in 2019 and started shopping its remote driving system to logistics, specifically forklifts and yard trucks that have no autonomy as well as autonomous sidewalk delivery robots.
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