Bot Auto, a Houston-based autonomous vehicle technology company, has successfully raised $20 million in an oversubscribed pre-series A funding round. The funding was led by a group of investors, including Brightway Future Capital, Cherubic Ventures, EnvisionX Capital, First Star Ventures, Linear Capital, M31 Capital, Taihill Venture, Uphonest Capital, and Welight Capital.

The funds will be allocated to enhance the development of autonomous trucking technology, focusing on safety and operational efficiency. The company plans to avoid unnecessary hiring until it reaches operational maturity, ensuring a sustainable growth strategy.