INMOTION VENTURES CONTINUES INVESTMENT INTO AUTONOMOUS VEHICLE MANUFACTURER VOYAGE IN $31M RAISE

12 September 2019

London, UK – Jaguar Land Rover’s venture capital arm InMotion Ventures announces its follow‑on investment today into autonomous vehicle manufacturer Voyage. The investment is part of a $31m Series B fundraiser, led by Franklin Templeton, with participation from Khosla Ventures and Chevron Technology Ventures ‑ bringing its total capital raised to $52m. Voyage will be using the fresh funding to bring its technology to commercialisation, grow its team, expand its fleet of G2 self‑driving cars, and introduce its G3 self‑driving car.

Founded in 2017, Voyage is developing autonomous vehicle technology for communities with limited transportation options available to them. The company’s first driverless product aims to ensure there’s always a viable option to move independently within a community, beginning with a self‑driving car that can travel point‑to‑point within communities at speeds up to 25 mph. So far, the company has been trialling its products in retirement communities in California and Florida, with 4,000 and 125,000 residents respectively.

The company has been experiencing a phase of rapid growth since its inception, having grown its headcount by 300 percent since its Series A in January 2018. Its new hires including Drew Gray (ex‑Uber ATG, Otto, Cruise, Tesla) as CTO, and Davide Bacchet (ex‑NIO, Tesla) as Director of Autonomy. The company has also deployed its waitlist to communities containing over 1.1 million residents.

Since investing in the company’s Series A in 2018, it’s been fantastic to watch the business go from strength to strength. The company has made some incredible hires which have been instrumental in enabling the development of Voyage’s state‑of‑the‑art technology. We’re excited to continue working with Oliver Cameron and his world‑class team at Voyage. They’ve shown us that they have the capability to quickly make self‑driving, autonomous taxis in residential communities a reality, sooner than anyone would have thought.

Sebastian Peck
Managing Director, InMotion Ventures

Further information

For further information, contact:

Sally Clift
Senior Communications Manager, Corporate Affairs
M: +44 7384 430009 | E: sclift2@jaguarlandrover.com

Notes to Editors

About InMotion

At InMotion, we are shaping the future of transport, mobility and travel. Powered by Jaguar Land Rover, we're dedicated to investing in and inventing innovations that will change the way we move.

InMotion’s venture capital arm invests in high‑growth companies in the mobility, transport, travel and digital lifestyle sector. We invest globally in start‑ups at all stages.

InMotion’s mobility services arm develops innovative and premium solutions, in the mobility, transport and travel sector, collaborating with Jaguar Land Rover to provide unforgettable experiences for new and existing customers.

To learn more about InMotion, please visit: inmotionventures.com

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