Company profile: Cyngn
1.1 - Company Overview
Company description
- Provider of scalable, vehicle-agnostic autonomous vehicle technology for industrial organizations. Offers DriveMod full-stack autonomy for industrial vehicles, Cyngn Insight fleet management, and AI-powered autonomous tugger, forklift, and stock chaser, plus Autonomous Transformation Consulting. Solutions integrate with commercially available sensors and hardware to deliver safe, efficient self-driving operations.
Products and services
- DriveMod: A vehicle-agnostic autonomy platform enabling vehicles to perceive surroundings, make decisions, and act using commercially available sensors and hardware
- DriveMod Autonomous Tugger: An AI-powered autonomous tugger that hauls heavy loads up to 6,000 pounds, streamlining efficient material transport for industrial workflows
- Cyngn Insight: An autonomous fleet management system enabling remote management and monitoring of vehicles to coordinate operations across industrial environments
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Cyngn
Smart Ag
HQ: United States
Website
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- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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skyTran
HQ: United States
Website
- Description: Provider of passive magnetic levitation and propulsion technology for implementing personal urban transportation systems, developing maglev-powered mobility solutions for cities.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Glydways
HQ: United States
Website
- Description: Provider of affordable autonomous transportation systems, designing, manufacturing, installing, and operating the Glydways System with ADA-compliant Glydcars (up to 4 passengers) for direct, non-stop travel in dedicated lanes; a modular mesh network for city-wide access; on-demand 24/7 private rides; and lower-capital-cost infrastructure with a low environmental footprint for low to extremely high capacity needs.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Ushr
HQ: United States
Website
- Description: Provider of high-definition mapping technology and software for autonomous vehicles, interpreting and communicating street view navigation to enable precise, safe point-to-point travel.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Itseez
HQ: United States
Website
- Description: Provider of customized computer vision software and consulting services. The company has built a digital planetarium system installed in several locations in Russia and Eastern Europe, and rolled out vCount, a leading people counter system.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Cyngn
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Cyngn
2.2 - Growth funds investing in similar companies to Cyngn
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4 - Top valuation comps for Cyngn
4.2 - Public trading comparable groups for Cyngn
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