Cyngn
About: Cyngn Inc is an industrial autonomous vehicle technology company. Its flagship innovation is DriveMod, an autonomous driving solution that can be flexibly deployed on multiple vehicle types manufactured by Original Equipment Manufacturers in various environments.
Employees: 81
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
399% more capital invested
Capital invested by funds: $500K [Q3] → $2.5M (+$2M) [Q4]
114.73% more ownership
Funds ownership: 6.34% [Q3] → 121.06% (+114.73%) [Q4]
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
42% more funds holding
Funds holding: 12 [Q3] → 17 (+5) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for CYN.
Financial journalist opinion
Based on 5 articles about CYN published over the past 30 days
Neutral
PRNewsWire
3 days ago
Cyngn Deploys Autonomous DriveMod Vehicles Across Multiple Industries
Deployments of Cyngn's DriveMod Tugger and Forklift have now included four key sectors: Manufacturing, Consumer Packaged Goods, Logistics, and Defense Use cases are diverse and highlight adaptability, scalability, and different value propositions of Cyngn's solutions. Reflects market demand to adopt industrial automation across Cyngn's broadening customer base.
Neutral
PRNewsWire
1 week ago
Cyngn Announces Reverse Stock Split
MENLO PARK, Calif. , Feb. 13, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that it will proceed with a 1-for-150 reverse stock split ("Reverse Stock Split") of its outstanding shares of Common Stock following approval by its Board of Directors.
Neutral
PRNewsWire
1 week ago
Cyngn Clears All Outstanding Cashless Warrants from December Capital Raise
MENLO PARK, Calif. , Feb. 12, 2025 /PRNewswire/ -- Today, Cyngn Inc. (NASDAQ: CYN) announced that all outstanding Series B cashless warrants have been fully exercised.
Neutral
PRNewsWire
3 weeks ago
Cyngn Signs Contract to Deploy DriveMod Tugger at a Major Consumer Packaged Goods Company
MENLO PARK, Calif. , Jan. 28, 2025 /PRNewswire/ -- Today, Cyngn (Nasdaq: CYN) announced that it will be deploying its DriveMod Tugger at a major Consumer Packaged Goods (CPG) distribution company.
Neutral
PRNewsWire
4 weeks ago
Cyngn Continues Momentum in Automotive Sector with Several DriveMod Tugger Deployments at Major Automotive Brands
MENLO PARK, Calif. , Jan. 23, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced that it has continued making notable inroads with the automotive manufacturing sector.
Neutral
PRNewsWire
1 month ago
Cyngn Initiates Production Deployment with COATS, a Major North American Automotive Service Equipment Manufacturer
MENLO PARK, Calif. , Jan. 16, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced the initiation of a production deployment with COATS Company , the largest full-line wheel service equipment manufacturer in North America, boasting over 70 years of industry experience.
Neutral
PRNewsWire
1 month ago
Cyngn Raises $33m in December to Scale Customer Deployments and Fuel Its Growth
Cyngn enters the year with strong momentum, leveraging its latest financing to scale production and deployment of DriveMod Tuggers and advance commercial release of DriveMod Forklifts. MENLO PARK, Calif.
Neutral
PRNewsWire
1 month ago
Cyngn Inc. Announces Closing of $9.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
MENLO PARK, Calif. , Dec. 31, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of an aggregate of 15,000,000 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $0.60 per share (or $0.5999 for each pre-funded warrant).
Neutral
PRNewsWire
1 month ago
Cyngn Inc. Announces Pricing of $9.0 Million Registered Direct Offering Priced At-The-Market
MENLO PARK, Calif. , Dec. 30, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced that it has entered into definitive agreements in a registered direct offering with certain institutional investors for the purchase and sale of 15,000,000 shares of common stock and/or pre-funded warrants to acquire common stock in a registered direct offering.
Neutral
PRNewsWire
1 month ago
Cyngn Announces Closing of $20.0 Million Follow On Offering Priced At-the-Market
MENLO PARK, Calif. , Dec. 23, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the closing of a follow on offering, priced at the market, with gross proceeds to the Company of approximately $20.0 million, before deducting placement agent fees and other estimated offering expenses payable by the Company.
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