Autolane Secures $7.4 Million Investment From Draper Associates And Hyperplane For Autonomous Vehicle Infrastructure

Autolane, an autonomous vehicle infrastructure developer, has raised $7.4 million in a funding round co-led by Draper Associates and Hyperplane, with participation from LAUNCH and Feld Ventures. The company is deploying its curbside operating system at four Simon Malls and properties in Texas and California, enabling faster and more efficient management of autonomous ride-hailing and delivery vehicles. Since launching its first full-scale test site in the San Francisco Bay Area in May 2025, Autolane has shown it can reduce curbside pickup times by 50% through improved order communication, handoff, and execution. CEO and co-founder Ben Seidl emphasized that the funding and partnership with Simon validate Autolane’s vision of integrating autonomous mobility infrastructure into high-traffic retail environments. FOUNDER: Ben Seidl INVESTORS: Draper Associates, Hyperplane, LAUNCH & Feld Ventures AMOUNT: $7,400,000 HQ: #PaloAlto #California #VentureCapital #Autolane #BenSeidl #DraperAssociates #Hyperplane #LAUNCH #FeldVentures #TradedVC