# TORC Robotics

TORC Robotics is an other based in Blacksburg, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Blacksburg, United States
- **Region:** North America
- **Address:** Blacksburg, VA, United States
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** torc.ai
- **LinkedIn:** https://www.linkedin.com/company/torc-robotics

## Regulatory record

- **Reports private funds:** No

## About

An AV leader since 2007, Torc is commercializing autonomous, self-driving trucks for safe, sustained innovation in the trucking industry.

## Sectors

- Mobility & Transportation
- Robotics & Automation
- AI/ML

## Offices

- Montréal, Canada
- Ann Arbor, Michigan, United States
- Fort Worth, Texas, United States

## People

- Peter Vaughan Schmidt — Chief Executive Officer
- Michael Fleming — Founder

## Questions

### Who runs investment decisions at Torc Robotics?

Torc Robotics operates as an independent subsidiary of Daimler Truck. CEO Dr. Peter Vaughan Schmidt leads strategy (per the firm, 2022). Investment decisions are overseen by Daimler Truck corporate, not a disclosed family office.

### How does Torc source proprietary deal flow?

Torc develops its own autonomous-driving software and hardware integration in-house. The firm acquires technology firms when needed, such as its 2023 acquisition of Algolux for computer vision and machine learning expertise (per the firm, 2023). Its deal flow is driven by internal R&D goals and partnerships.

### Does Torc participate in fund commitments or only direct deals?

Torc does not participate in external fund commitments. It operates as an operating company focused on developing and commercializing self-driving trucks.

### What investment stages does Torc typically target?

Torc does not invest in external companies. It develops technology in-house and occasionally acquires smaller firms for specific capabilities.

### How is Torc related to Daimler Truck?

Torc is an independent subsidiary of Daimler Truck, focused exclusively on the Freightliner Cascadia platform for its Level 4 autonomous system (per the firm, 2019). Daimler Truck provides capital, manufacturing, and distribution channels.

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Last updated: 2026-06-03T20:00:00.000Z

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