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StradVision Closes $88M Series C Funding Round

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SEOUL, South Korea, Sept. 2, 2022 — StradVision, an AI-based image processing company for autonomous vehicles and advanced driver assistance systems, closed an $88 million series C funding round. Strategic investors in this round included ZF Friedrichshafen AG and Aptiv PLC. StradVision now has $129 million in cumulative funding from their seed round through this latest round. Besides ZF and Aptiv, other automotive industry strategic investors have included Hyundai Motor Company, Hyundai Mobis, LG Electronics, and AISIN. StradVision's SVNet is being deployed on various vehicle models in partnerships with OEMs.
Sep 2022
artificial intelligence
The ability of a machine to perform certain complex functions normally associated with human intelligence, such as judgment, pattern recognition, understanding, learning, planning and problem solving.
machine vision
Interpretation of an image of an object or scene through the use of optical noncontact sensing mechanisms for the purpose of obtaining information and/or controlling machines or processes.
Businesscomputer visionartificial intelligencemachine visionautonomous vehiclesADASautopilotSVNetdeep learningAsia-Pacificseries CfundingfinancinginvestmentOEMautomotiveHyundai

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