INSUBCONTINENT EXCLUSIVE:
Bluespace.ai, a new autonomous driving startup focused on mass transit, announced today that it has raised $3.5 million in seed funding led
by Fusion Fund.Other investors include YouTube co-founder Steve Chen; UMC, the Taiwanese semiconductor foundry; Kakao Ventures; GDP
Ventures; Atinum; Wasabi Ventures; Blue Ivy Ventures; Plug n Play; and SLV Capital.The startup develops software systems for autonomous mass
transit fleets and is currently in meetings with cities and transit providers
Its founding team includes CEO Joel Pazhayampallil, previously co-founder of Drive.ai, which was acquired by Apple earlier this year, and
also has people who have worked at AV companies like Zoox, Lyft Level 5 and Voyage
Their combined experience includes launching AV fleets in Texas, California and Florida.In an email, Moon told TechCrunch that
This enables our mission of making urban mobility more equitable, accessible and sustainable through mass transit automation in the near
public roads at road speed, therefore serving more passengers at a time.In a press statement, Fusion Fund managing partner Lu Zhang said
approach and providing near term market application
The founding team has an incredibly strong technology background and significant deployment experience, having launched AV services in
