StradVision, a San Jose, California-based AI-based perception processing company for Autonomous Vehicles and ADAS, announced that it closed $88 million in Series C funding.
Strategic investors included in this round of funding are ZF and Aptiv. StradVision now has $129m USD in cumulative funding from the seed round through Series C.
With this funding, StradVision will allow continuing to lead and innovate in the ADAS space, accelerate growth, and expand.
Company: StradVision Inc.
Raised: $88.0M
Round: Series C
Funding Month: Aug 2022
Lead Investors: ZF and Aptiv
Additional Investors:
Company Website: https://stradvision.com/
Software Category: AI-based camera perception software
About the Company: StradVision is an industry pioneer in vision processing technology, accelerating the advent of fully autonomous vehicles. StradVision enables vehicles to detect and perceive environments in real-time, through its deep learning solution, SVNet. Powered by more than 150 core patents, StradVision enables Advanced Driver Assistance Systems to utilize a wide array of chipsets with a fraction of computing power and low power consumption, for a fraction of the cost. StradVision's perception technology enables vehicles to recognize images in and out of the car, bringing about the advent of self-driving for the masses. With more than 250 employees in our San Jose, Seoul, Tokyo, Munich, and Shanghai offices.
Source: https://stradvision.com/stradvision-seriesc-funding-announcement-en/