Phantom Auto, a Startup Specializing in Remote Driving Technology, is Closing its Doors.
Phantom Auto, a pioneer in remote driving technology, is closing its doors after seven years of operation. The startup, which garnered significant attention in the autonomous vehicle industry, raised a total of $95 million in funding, including a substantial $25 million round in 2023. Despite this, the company was unable to secure additional funding to sustain its operations.