Pittsburgh, PA – According to filings with the U.S. Securities and Exchange Commission, Locomation is raising $10,420,841.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Cetin Mericli played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Locomation

Locomation is the world’s first trucking technology platform to combine AI-driven autonomy with driver augmentation. Launched in 2018, we believe in a trajectory that delivers full vehicle automation by first incorporating human interaction. Our central goals are the total elimination of all truck-involved accidents as well as radically-improved cost efficiencies and economic yield for our clients. Our technology and our team are born out of decades of collective experience in cutting-edge AI and autonomous tech. We’re veterans of Carnegie Mellon’s National Robotics Engineering Center where we built autonomous vehicles and AI-driven systems for dozens of applications including commercial and defense projects.

To learn more about Locomation, visit http://locomation.ai/

Contact:
Cetin Mericli, President and Chief Executive Officer
412-802-5030
cetin@locomation.ai
https://www.linkedin.com/in/cetinmericli/

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