Cyngn Readies for Next Phase of Growth with Funding Secured Through 2027

MOUNTAIN VIEW, Calif., July 2, 2025 /PRNewswire/ -- Today, Cyngn (Nasdaq: CYN) issued a letter from the CEO: Cyngn Shareholders: Cyngn's autonomous DriveMod technology works on Tuggers, Forklifts, and in simulated NVIDIA environments. Cyngn's autonomous DriveMod technology works on Tuggers, Forklifts, and in simulated NVIDIA environments. Last week, Cyngn completed a $32 million capital raise, fully utilizing our shelf registration. This funding strengthens our balance sheet and enables us to continue execu ...