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Cyngn Secures $32M In Funding, Fueling Next Phase Of Growth Through 2027

Benzinga·07/02/2025 11:03:31
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  • Cyngn raised $32M last week and are funded through 2027
  • DriveMod vehicles have been deployed across multiple industries, including manufacturing, automotive, logistics, and CPG.
  • The company is accelerating its product development via new partnerships with NVIDIA and a relocation to a new, larger facility.
  • The company is leveraging AI across the business to accelerate the development and deployment of its products.