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Stradvision Announces Close Of $88M Series C Funding Round
08/09/22, 3:01 PM
Location
san jose
Money raised
$88 million
Industry
autonomous vehicles
automotive
software
Round Type
series c
StradVision, an AI-based perception processing company for Autonomous Vehicles and ADAS, announced today that they have closed their Series C funding round.
Company Info
Location
san jose, california, united states
Additional Info
Founded in 2014, StradVision is an automotive industry pioneer in AI-based vision processing technology for Advanced Driver Assistance Systems (ADAS). The company is accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market cost compared with competitors. StradVision's SVNet is being deployed on various vehicle models in partnership with OEMs and powers ADAS & Autonomous Vehicles worldwide and is serviced by over 300 employees in Seoul, San Jose, Detroit, Tokyo, Shanghai, Friedrichshafen, and Dusseldorf. StradVision has been honored with the Gold Award at the 2021 AutoSens Awards for Best-in-Class Software for Perception Systems, and the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (Software Category). In addition, StradVision's software is certified to the ISO 9001:2015 for Quality Management System and ISO 26262 for Automotive Functional Safety.
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