Inverted AI, a Vancouver, BC-based generative AI company focused on AV/ADAS development, has secured over $4 million in early-stage financing.
SaaS Investors
The round was led by Yaletown Partners. Other participants in the funding round include Blue Titan Ventures, Dasein Capital, Inovia Capital, Defined, and WUTIF.
Founded in 2002, Yaletown Partners is a venture capital investment firm based in Vancouver, Canada. The firm seeks to invest in growth-stage and early-stage technology companies in software, data, and device technologies that disrupt and modernize traditional industries, services, real estate, and infrastructure. sector.
Inverted AI Use of Funds
The company will use the funding to accelerate and expand Inverted AI's product offerings, particularly those based on its Imagining the Road Ahead (ITRA) technology.
ITRA facilitates the creation of behavioral models for simulation, supporting the safe commercial deployment of autonomous solutions, including advanced driver-assistance systems (ADAS), autonomous vehicles, and robots.
About Inverted AI
Inverted AI is an AI product and research company with a mission to build AI agents that behave like humans. The company provides predictive human behavioral models that are learned from massive quantities of video data. Inverted AI uses proprietary techniques to transfer these models into simulated environments where they use them to drive human-like NPCs that are statistically accurate in terms of reactivity, realism, and diversity. Inverted AI's offerings include DRIVE, providing API access with human-like non-playable character-driving behaviors, and INITIALIZE, offering realistic and diverse agent placements. time.
Funding Details
Company: Inverted AI Ltd.
Raised: $4.0M
Round: Series B
Funding Month: December 2023
Lead Investors: Yaletown Partners
Additional Investors: Blue Titan Ventures, Dasein Capital, Inovia Capital, Defined, and WUTIF
Company Website: https://www.inverted.ai/
Software Category: AI Agent
Source: https://www.prnewswire.com/news-releases/inverted-ai-secures-seed-round-for-generative-ai-in-avadas-development-302015752.html