Join, Dmp To Invest Up To $100 Million In Ushr Inc. To Increase Hd Road Map Coverage In North America
Join, Dmp To Invest Up To $100 Million In Ushr Inc. To Increase Hd Road Map Coverage In North America
01/14/22, 1:35 PM
Location
detroitMoney raised
$100 million
Ushr Inc. (“Ushr”), the leading HD map company for advanced driver assistance systems (ADAS) and autonomous driving (AD), today announced that its parent company, Dynamic Map Platform Co., Ltd. (“DMP”) and the Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (“JOIN”) have together agreed to invest up to $100 million to fund Ushr’s high-definition (“HD”) map expansion in North America by increasing HD map coverage to non-highway roads.
Company Info
Location
detroit, michigan, united states
Additional Info
Ushr is the leading geospatial measurement and mapping company supplying HD maps and software for today’s advanced driver assistance systems and tomorrow’s autonomous vehicles. Since 2017, Ushr’s precise HD maps have enabled hands-free driver assistance that is uniquely safe and confident. Ushr is headquartered in Livonia, Michigan, maintains map operations in Lompoc, California, and is a wholly-owned subsidiary of Dynamic Map Platform, Japan’s foremost HD map producer. For more information, please visit www.ushrauto.com.