Pony.ai
Autonomous mobility
- 501-1000 employees
- B2B
- Artificial Intelligence
- Transport
- SaaS
- Automation
- Baylands, Fremont, CA
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Company mission
To accelerate the transition to widespread autonomous mobility everywhere.
-13% employee growth in 12 months
Our take
Pony.ai is a driverless vehicle manufacturer and developer based in the US and China. Its AI-driven system, which has been tested by over 1.5M autonomous miles, is designed to navigate complex road scenarios using deep learning models. The company has formed strategic partnerships with major manufacturers, including Toyota, FAW Group, and GAC Group.
Founded by two ex-Baidu employees with extensive experience in autonomous driving, Pony.ai aims to improve road safety, as human error accounts for over 90% of traffic accidents in the US. The company is initially focusing on taxis and long-distance freight trucks, with plans to expand the technology to other vehicle types in the future.
In 2022, Pony.ai made history as the first autonomous driving company to receive a taxi license in China. Since then, the company's success has continued, with the recent opening of a Luxembourg R&D center and securing $100M in investments. Building on this momentum, Pony.ai is now focused on challenging Tesla in the domestic autonomous driving market.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Comprehensive medical, dental, and vision insurance
- Generous PTO and paid holidays
- Daily meals and bi-weekly happy hours
- Equity opportunity
- Retirement plans
- Frequent tech talks
Funding (last 2 of 5 rounds)
Oct 2024
$27m
LATE VC
Oct 2023
$100m
SERIES D
Total funding: $739m
This company has top investors
Leadership
James Peng
(Co-Founder & CEO)After a PhD at Stanford, James worked for 7 years as a Google Software Engineer. They spent a further 4 years at Baidu USA as Chief Architect of Autonomous Driving before leaving to co-found Pony.ai in December 2016.
Tiancheng Lou
(Co-Founder & CTO)Received a PhD and B.S. from Tsinghua Univeristy. Began their career at GoogleX, and then became the youngest T10 Engineer at Baidu’s Autonomous Driving Division.