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Faction Announces Funding From Tdk Ventures

Dec 20, 2021•over 3 years ago
San FranciscoTransportation

Description

Faction Technology, Inc. - Faction today announced an investment from TDK Ventures, Inc., a subsidiary of TDK Corporation (TSE:6762). Faction is taking a unique approach to both driverless technology and lightweight vehicle systems that can dramatically impact how we move goods and people. Faction vehicles combine autonomy with remote human teleoperation which allows driverless vehicle systems to be productized without waiting for 100% autonomous technology.

Company Information

Company

Faction

Location

San Francisco, California, United States

About

Faction Technology, Inc. is a Silicon Valley startup that develops driverless solutions based on light electric vehicles. Founded in February 2020, Faction is on a mission to revolutionize micro-logistics and vehicle-on-demand. The company believes the future of sustainable transportation is to develop driverless vehicles that are safe, cost-effective, and right-sized to serve a range of use cases for both business and passenger transportation needs. For more information visit www.faction.us