Venture Capital
At a time when COVID-19 has disrupted investment and acquisitions, intelligent vehicle tech is still going strong. : At a time when COVID-19 has disrupted investment and acquisitions, intelligent vehicle tech is still going strong. Argo.ai has closed a $2.6 billion investment from Volkswagen to strengthen the self-driving startup's presence across Europe. Pittsburgh-based Argo.ai said in a blog post on Tuesday that the funding, initially invested in July 2019, will be used to bolster its position in Europe with the addition of VW Group's Munich-based Autonomous Intelligent Driving (AID) team.

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