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AI-Powered Computer Vision Perception Developer StradVision Closes on $88 Million Series C Funding Round

AI-Powered Computer Vision Perception Developer StradVision Closes on $88 Million Series C Funding Round

StradVision, a developer of AI-powered computer vision perception systems for autonomous vehicles and advanced driver assist systems (ADAS), announced today it closed on its latest Series C funding round of $88 million. The latest round brings StradVision’s total funding to $129 million. The company says it's accelerating the deployment of fully autonomous vehicles by providing automakers with powerful perception technology at a fraction of the cost of its competitors.

Eric Walz2022-08-09 15:00 PT

Volkswagen’s Software Unit CARIAD Selects Innoviz as its Direct Lidar Supplier for the Automaker's Future Software-Defined Vehicles

Volkswagen’s Software Unit CARIAD Selects Innoviz as its Direct Lidar Supplier for the Automaker's Future Software-Defined Vehicles

​Lidar developer Innoviz Technologies Ltd, which is among one of the leading developers of the laser technology for advanced driver assist systems (ADAS) and autonomous driving, has landed a major supply deal with Volkswagen’s software unit CARIAD. The lidar sensors supplied by Innoviz will be a part of CARIAD's software-based vehicle architecture and operating system that will serve as the foundation for millions of Volkswagen’s future EVs.

Eric Walz2022-08-02 11:15 PT

Intel’s Self-Driving Car Unit Mobileye Postpones its Planned U.S. IPO That Could Value the Company up to $50 Billion

Intel’s Self-Driving Car Unit Mobileye Postpones its Planned U.S. IPO That Could Value the Company up to $50 Billion

Intel's autonomous driving technology unit Mobileye has put its U.S. IPO plans on hold. With the current global market conditions, taking the company public in the upcoming months would not be beneficial, according to Mobileye founder and CEO Amnon Shashua. Intel purchased Mobileye for $15.3 billion in 2017 in its push into the automotive space.

Eric Walz2022-07-11 09:15 PT

Volkswagen’s Software Company CARIAD to Use BlackBerry QNX to Support ADAS and Autonomous Driving Functions of Future VW Vehicles

Volkswagen’s Software Company CARIAD to Use BlackBerry QNX to Support ADAS and Autonomous Driving Functions of Future VW Vehicles

Volkswagen's software company CARIAD announced that it selected BlackBerry QNX technology for its new VW.OS vehicle operating system. The software platform will be available for Volkswagen Group vehicles from the middle of the decade. Blackberry's QNX technology including its QNX OS for Safety, which is a pre-certified microkernel operating system designed for safety-critical embedded systems.

Eric Walz2022-07-08 10:30 PT

Valeo Signs Major Deal with BMW to Supply Advanced Driver Assist Hardware for the Automaker's Forthcoming 'Neue Klasse' EV Platform

Valeo Signs Major Deal with BMW to Supply Advanced Driver Assist Hardware for the Automaker's Forthcoming 'Neue Klasse' EV Platform

Automotive supplier Valeo has entered into a major collaboration with BMW Group to supply a advanced driver assist system (ADAS) domain controller, including vehicle sensors and software, for BMW's upcoming new electric vehicle platform dubbed "Neue Klasse" (New Class). BMW plans to launch the new EV platform in 2025.

Eric Walz2022-06-28 13:45 PT

Here’s a Quick Look at the ‘Intelligent Pilot’ Driver Assist System for the Upcoming Fisker Ocean Electric SUV

Here’s a Quick Look at the ‘Intelligent Pilot’ Driver Assist System for the Upcoming Fisker Ocean Electric SUV

California electric vehicle startup Fisker Inc will begin production of the highly-anticipated Fisker Ocean electric SUV in November, with the first customer deliveries taking place shortly after. All versions of the Ocean will come with Fisker's advanced driver assist system (ADAS) the company calls “Fisker Intelligent Pilot”.

FutureCar Staff 2022-05-23 11:00 PT

Nissan’s New Lidar-based Advanced Driver Assist Technology in Development Will Automatically Intervene to Avoid Collisions

Nissan’s New Lidar-based Advanced Driver Assist Technology in Development Will Automatically Intervene to Avoid Collisions

Japan’s Nissan Motor Co is working on an advanced driver assist system (ADAS) that will significantly reduce the likelihood of a collision, the automaker announced on Monday. Nissan refers to its technology as “ground truth perception”. It works by fusing data from high-performance LIDAR sensors, as well as radar and cameras on the vehicle.

FutureCar Staff 2022-04-25 19:00 PT

Mercedes-Benz to Use Vehicle Sensor Data to Monitor Road Conditions in Real-Time in a New Large-Scale Pilot in the Netherlands

Mercedes-Benz to Use Vehicle Sensor Data to Monitor Road Conditions in Real-Time in a New Large-Scale Pilot in the Netherlands

Mercedes Benz was just awarded a major contract by the Netherlands’ Ministry of Infrastructure and Water Management (Min I&W) to monitor the condition of country's roads in real-time using sensor data collected from Mercedes Benz connected vehicles. The project is one of the world’s first large-scale digital infrastructure agreements.

Eric Walz2022-03-31 10:00 PT

Automotive Technology Supplier ZF Acquires Stake in Startup StradVision to Accelerate The Development of AI-Powered Perception Technology for Autonomous Vehicles

Automotive Technology Supplier ZF Acquires Stake in Startup StradVision to Accelerate The Development of AI-Powered Perception Technology for Autonomous Vehicles

StradVision, a company developing AI-powered computer vision technology for autonomous vehicles and advanced driver assist systems (ADAS), announced today that German automotive technology supplier ZF Friedrichshafen AG ("ZF") has acquired a 6% stake in the company. As part of the investment, the two companies will expand their portfolios of perception technology for autonomous vehicles.

Eric Walz2022-03-29 11:00 PT

Lucid Motors to Use NVIDIA’s DRIVE Hyperion Platform to Power its ‘DreamDrive Pro’ Advanced Driver Assist System

Lucid Motors to Use NVIDIA’s DRIVE Hyperion Platform to Power its ‘DreamDrive Pro’ Advanced Driver Assist System

Nvidia Corp is now at the center of a growing market for advanced AI-powered processors in the auto industry, which are powerful enough to support such features as autonomous driving along with a host of other vehicle safety systems. Luxury electric vehicle startup Lucid Motors is the latest automaker to turn to Nvidia for the compute platform to power its DreamDrive Pro advanced driver assist system.

Eric Walz2022-03-22 10:00 PT

The First 4D Imaging Radar-on-a-Chip Developed by Texas-based Startup 'Uhnder' Will Debut on Vehicles in 2022

The First 4D Imaging Radar-on-a-Chip Developed by Texas-based Startup 'Uhnder' Will Debut on Vehicles in 2022

Austin, Texas-based digital radar startup Uhnder, a developer of 4D imaging radar technology for automotive and next-gen mobility applications, will soon become the first company to mass produce an automotive-grade, 4D digital imaging radar-on-chip to support next-generation advanced driver assistance systems (ADAS) and autonomous vehicles (AVs). Uhnder’s new digital radar chip will debut on consumer vehicles this year in Tier-1 supplier Magna's ICON digital radar.

Eric Walz2022-03-08 05:00 PT

Intel’s Autonomous Driving Unit Mobileye Confidentially Files for U.S. IPO, Which Could Value the Company at $50 Billion

Intel’s Autonomous Driving Unit Mobileye Confidentially Files for U.S. IPO, Which Could Value the Company at $50 Billion

Chipmaker Intel Corp plans to take its autonomous driving unit Mobileye public. The company said on Monday that Mobileye, which Intel acquired for $15.3 billion in 2017, has confidentially filed paperwork for an initial public offering in the United States. The IPO could value Intel's self-driving technology unit at more than $50 billion.

Eric Walz2022-03-07 11:55 PT

Toyota Research Institute Programs the World’s First Car That Can ‘Autonomously Drift’ Around Obstacles to Avoid Accidents

Toyota Research Institute Programs the World’s First Car That Can ‘Autonomously Drift’ Around Obstacles to Avoid Accidents

The engineers at Toyota Research Institute (TRI) combined their deep knowledge of vehicle dynamics and control design to successfully program a Toyota Supra to "autonomously drift" around obstacles on a closed track, which it says is the world’s demonstration of drifting without a driver behind the wheel.

Eric Walz2022-02-02 11:45 PT

Computer Vision Technology Developer StradVision Announces New North American Headquarters in Michigan, Expands U.S. Business

Computer Vision Technology Developer StradVision Announces New North American Headquarters in Michigan, Expands U.S. Business

​South Korean company StradVision, which is developing AI-powered computer vision processing technology for autonomous vehicles and advanced driver assist systems (ADAS), announced that it has established a new North American Headquarters in Sterling Heights, Michigan. The company says its new U.S. office will help it to better develop new market opportunities in the automotive industry in the United States.

FutureCar Staff 2022-01-20 14:30 PT

Mercedes-Benz to Partner With Luminar on LiDAR for Autonomous Driving

Mercedes-Benz to Partner With Luminar on LiDAR for Autonomous Driving

​Luxury car maker Mercedes Benz today announced its is partnering with lidar developer Luminar Inc to supply lidar for its future autonomous driving systems. Mercedes-Benz will leverage Luminar's lidar technology with the aim to scale the technology and integrate it into series production vehicles.

Eric Walz2022-01-20 08:45 PT

StradVision and LG Electronics Develop an Augmented Reality Automotive Cockpit

StradVision and LG Electronics Develop an Augmented Reality Automotive Cockpit

​StradVision, developer of AI-based vision processing technology for autonomous vehicles and advanced driver assist systems (ADAS), announced that it has teamed up with LG Electronics to develop an advanced vehicle instrument platform, based on augmented reality (AR). The two companies are working closely together on the development of LG Electronics' next-generation augmented reality solutions that offer drivers a higher level of safety.

Eric Walz2021-12-17 11:20 PT

Honda is Conducting a Pilot in Ohio on a New ‘Road Condition Monitoring System’ That Can Detect if Lane Markings Need Repair

Honda is Conducting a Pilot in Ohio on a New ‘Road Condition Monitoring System’ That Can Detect if Lane Markings Need Repair

​Honda Research Institute USA (HRI-US) has developed a new road condition monitoring system that uses a vehicle's cameras and GPS coordinates to identify poor lane markings on highways that have faded or eroded away. This vehicle-generated road condition reporting system can help road operators monitor lane marking conditions in a more efficient and cost-effective way, according to Honda.

Eric Walz2021-12-15 09:00 PT

Intel Corp Plans to Take its Self-Driving Unit Mobileye Public in 2022

Intel Corp Plans to Take its Self-Driving Unit Mobileye Public in 2022

​Chipmaker Intel Corp announced on Monday its intention to take its self-driving unit Mobileye public in the U.S. in mid-2022 via an initial public offering (IPO) of newly issued Mobileye stock. According to Intel, the move will unlock the value of Mobileye for Intel shareholders by creating a separate publicly traded company.

Eric Walz2021-12-07 14:35 PT

Qualcomm to Supply its ‘Snapdragon Ride’ ADAS Platform to BMW for its Next-Gen Vehicles

Qualcomm to Supply its ‘Snapdragon Ride’ ADAS Platform to BMW for its Next-Gen Vehicles

​Semiconductor company Qualcomm Technologies Inc announced a collaboration with Automaker BMW Group to supply the hardware to support advanced driver assist systems (ADAS) and autonomous driving features of future BMW models. The chips being supplied to BMW are part of Qualcomm’s new Snapdragon Ride Platform.

Eric Walz2021-11-16 15:30 PT

Autonomous Driving Simulation Software Developer Applied Intuition Raise $175 Million in Series D Funding, Raising its Valuation to $3.6 Billion

Autonomous Driving Simulation Software Developer Applied Intuition Raise $175 Million in Series D Funding, Raising its Valuation to $3.6 Billion

​Applied Intuition Inc., a Silicon Valley-based startup that develops software simulation tools to speed the commercialization and production of autonomous vehicles, announced $175 million in a new Series D financing round co-led by entrepreneur and investor Elad Gil, and venture capital firms Addition and Coatue Management. The latest funding boosts the company's valuation to $3.6 billion.

Eric Walz2021-11-12 09:30 PT

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