DeepScale has attracted $15 Million Investment to advance automated vehicle perception. The funding was provided by existing investor Autotech Ventures and Trucks Venture Capital, two firms are known for their automotive expertise. Previous seed investors included some of the most sophisticated seed investors in Silicon Valley such as Andy Bechtolsheim, Ali Partovi, Lip-Bu Tan and Jerry Yang’s AME Cloud Ventures.
DeepScale is a venture-backed Silicon Valley startup developing artificial intelligence perception software for driver-assistance and autonomous driving, with a focus on implementing efficient deep neural networks on automotive-grade processors.
DeepScale’s deep neural nets (DNNs) use data from various sensors to help vehicles of all automated driving levels better understand the world around them. The company is bringing driver-assistance and autonomous driving to mass-produced vehicles at all price-points.
The funding will enable the expansion of DeepScale’s engineering team and technology advancements and, ultimately, will support the company’s mission to help make self-driving vehicles and roads safer.
DeepScale has a number of strategic partnerships with Tier 1 suppliers, OEMs and semiconductor suppliers to provide automated driving perception solutions, including Visteon and HELLA-Aglaia Mobile Vision GmbH, a major German automotive supplier.
DeepScale has strategic partnerships with OEM, Tier 1 and semiconductor companies that aim to bring improved safety to mass-produced vehicles through open collaboration