By Josh Beckerman

 

Cyngn Inc., maker of DriveMod autonomous driving software, filed confidentially for an initial public offering.

Cyngn's investors include Andreessen Horowitz, Benchmark Capital, Index Ventures, Qualcomm Inc. and Telefonica.

In July, Cyngn announced a partnership with Airbiquity focused on the materials handling market.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

August 02, 2021 14:28 ET (18:28 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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