Autonomous driving startup Tensor plans to raise hundreds of millions of dollars in preparation for a U.S. IPO

AASTOCKS
2026.01.15 19:26

According to foreign media reports, Tensor Auto, a U.S. startup spun off from China's AnTu Autonomous Driving Company, is considering raising $300 million to $400 million ahead of a potential initial public offering (IPO) in the United States. The company has begun fundraising discussions with the Royal Bank of Canada (RBC) and has started reaching out to potential investors.

It is reported that if Tensor goes public, the U.S. IPO could be completed as early as the end of this year or early next year.

Tensor plans to deliver its first batch of Robocars by the end of 2026, with vehicles equipped with over 100 sensors, including cameras and lidar, and powered by NVIDIA (NVDA.US) chips for AI processing of sensor data. The steering wheel and pedals can be folded, supporting both manual and autonomous driving. Additionally, Lyft (LYFT.US) will collaborate with Tensor to deploy hundreds of Robotaxi fleets in Europe and North America by 2027

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