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Cyngn logo — Our Autonomous DriveMod Tuggers and Forklifts increase safet...

Cyngn

Our Autonomous DriveMod Tuggers and Forklifts increase safety, drive efficiency, and prevent inventory damage. $CYN

Founded 2013 United States Menlo Park, United States 82 employees Post-IPO Equity Total: $30.00M Logistics, Transportation +1

General Information

Company Name Cyngn
Founded Year 2013
Location United States Menlo Park, United States
Employees 82
Industries Logistics, Transportation, Autonomous and Sensor Tech
Funding Stage Post-IPO Equity
Social

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About Cyngn

Cyngn is a transportation startup that offers autonomous vehicle solutions and retrofits for industrial use cases across logistics, material handling, and mining. Established in 2009 and headquartered in the United States, Cyngn aims to bring autonomous vehicle capabilities to industrial fleets, whether retrofitting existing stock chasers or investing in new self-driving forklifts. Their flagship product, DriveMod, enables industrial vehicles to transport goods indoors and outdoors, haul heavy cargo, navigate sites without special infrastructure, and execute missions based on flexible, programmable options. Studies have indicated that deploying Cyngn's solutions can make teams 33% more productive, essentially adding an additional team member for every three workers. The company recently secured a $5.00M post-IPO equity investment on 08 December 2023. With its focus on enhancing industrial efficiency and safety through autonomous technology, Cyngn presents an innovative and promising opportunity for venture capital investment.

Business keywords: Autonomous Vehicles, Industrial IoT, Robotics, Material Handling, Mining, Fleet Management, Autonomous Machines, Manufacturing Optimization, AMRs, Warehouse Optimization, Safety, Data Collection

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Equity $5.00M -
23 Apr 2024
Post IPO Equity $5.00M -
08 Dec 2023
Post IPO Equity $20.00M -
29 Apr 2022

Cyngn Alternatives & Competitors

View All Alternatives
Cyngn vs
Anantak Robotics Inc.
Anantak Robotics Inc. United States

Anantak Robotics enables tugs to autonomously transport carts and pallets in warehouses.

14 employees
Automation, Logistics
Cyngn vs
NODE Robotics
NODE Robotics Germany

We make mobile robots easy to use.

29 employees
Automation, IoT
Cyngn vs
Phantom Auto
Phantom Auto

Empowering remote control and supervision for logistics vehicles from miles away.

Corporate Round
51-200 employees
Logistics, Robotics
View all alternatives

FAQ About Cyngn

Our Autonomous DriveMod Tuggers and Forklifts increase safety, drive efficiency, and prevent inventory damage. $CYN
Cyngn was founded in 2013.
Cyngn is headquartered in Menlo Park, United States.
Cyngn operates in Logistics, Transportation and Autonomous and Sensor Tech. Its work centres on Autonomous Vehicles, Industrial IoT, Robotics and Material Handling.
Cyngn has approximately 82 employees.
Cyngn has completed 3 funding rounds, raising a total of $30.00M. The latest funding stage is Post-IPO Equity.
Top alternatives and competitors to Cyngn include Anantak Robotics Inc., NODE Robotics, Phantom Auto, Tactile Mobility, Bottobo Robotics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cyngn and Anantak Robotics Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cyngn, https://bouncewatch.com/company/cyngn, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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