Autobrains Nabs $19M, Bringing Its Series C To $120M, To Take On Mobileye In Autonomous Driving Tech

AI has been the backbone of many a technological breakthrough over the years, but one challenge it has yet to solve is that of self-driving: try as they may, engineers have yet to build a platform that can manage all the practicalities and unexpected eventualities of conducting a vehicle as well as or better than a human can do, and which has also convinced regulators and the general population of its reliability. We’re still seeing a lot of development, however, and today, Autobrains, one of the hopefuls in this space that believes it has figured out how to fix the 1% margin of error typical in self-driving with a “self-learning” approach that is hardware-agnostic (more on that below) is announcing yet more funding to continue developing its platform.