Voyage, our self-driving car portfolio company, has announced their $31 million Series B funding round, here. We’re proud to continue backing Oliver Cameron and his team alongside existing investors and welcome new investors Franklin Templeton and Chevron Technology Ventures to the journey! Sam Clifton explores why we invested in Voyage and why we continue to… Continue reading Why we invested in Voyage, a self-driving car company.
Tag: Mobility
INMOTION VENTURES BACKS SELF-DRIVING CAR COMPANY VOYAGE IN $31M RAISE
InMotion Ventures has announced its follow-on investment into autonomous vehicle manufacturer Voyage. The investment is part of a $31m Series B fundraiser, led by Franklin Templeton, with participation from Khosla Ventures and Chevron Technology Ventures – bringing its total capital raised to $52m. Voyage will be using the fresh funding to bring its technology to… Continue reading INMOTION VENTURES BACKS SELF-DRIVING CAR COMPANY VOYAGE IN $31M RAISE
AEye: Developing Artificial Perception Technologies That Exceed Human Perception
Nothing can take in more information and process it faster and more accurately than the human visual cortex…until now. Humans classify complex objects at speeds up to 27Hz, with the brain processing 580 megapixels of data in as little as 13 milliseconds. While conventional LiDAR sensors on autonomous vehicles average around a 10Hz frame rate and revisit rate, iDAR sensors can achieve a frame rate in excess of 100Hz (>3x human vision), and an object revisit rate of >500Hz.
So what?A single interrogation point rarely delivers sufficient confidence – it is only suggestive. That’s why LiDAR systems must capture multiple detects of the same object to fully comprehend it, making the speed of subsequent interrogations/detects (the object revisit rate) significantly more critical to autonomous vehicle safety than frame rate alone. For conventional LiDAR sensors, the object revisit rate is the frame rate.
AEye’s iDAR not only has the ability to revisit an object within a single frame, it can revisit multiple points/objects of interest. The achievable object revisit rate of AEye’s iDAR system for objects of interest is microseconds to a few milliseconds – which can be up to 3000x faster, compared to conventional LiDAR systems that typically require hundreds of milliseconds between revisits.
Reducing the time between object detections within the same frame is critical, as shorter object revisit times keep processing times low for advanced algorithms that correlate multiple moving objects in a scene.
“iDAR takes the guesswork out of artificial perception and replaces it with actionable data.” – Dr. Allan Steinhardt, AEye Chief Scientist
AEye: Developing Artificial Perception Technologies That Exceed Human Perception —This Is AEyeForbes On How AEye Teaches Autonomous Vehicles to Perceive Like a HumanAEye Advisory Board Profile: Scott PfotenhauerAEye Advisory Board Profile: Luke SchneiderAEye Adds VP of AI and Software to Executive TeamRethinking the Three “Rs” of LiDAR: Rate, Resolution and RangeAEye Team Profile: Bailey Da CostaAEye Team Profile: Jim RobnettAEye Announces Industry Leading Family of Perception Sensors for ADAS Solutions
Applied Intuition raises $40 million for autonomous vehicle simulation tools – VentureBeat
Simulators are invaluable assets for companies developing autonomous vehicles (AVs). These tools are used by Waymo, GM’s Cruise, Zoox, and countless others to validate systems’ scalability and safety, not to mention training the machine learning algorithms underlying car makers’ real-world vehicles. But not every company has the resources to build their own software simulator from… Continue reading Applied Intuition raises $40 million for autonomous vehicle simulation tools – VentureBeat
McLaren North America relocates corporate headquarters from New York to Coppell, Texas
12 Sep 2019 North American HQ moves from NY City to high tech facility in Texas industrial park Continued growth of brand in supercar market requires larger facility with greater storage and service capacity 27 strong retailer network to benefit from a more centrally based HQ and enhanced technical and customer service support McLaren North… Continue reading McLaren North America relocates corporate headquarters from New York to Coppell, Texas
Renault K-ZE electric crossover launches in China for just ~$9,000
Renault has unveiled the production version of its new K-ZE electric crossover, and in China, it starts at just ~$9,000. We reported on the Renault K-ZE when they unveiled the prototype last year. At the time, the only spec that they confirmed is the range, which they claim is 250 km (155 miles), but they… Continue reading Renault K-ZE electric crossover launches in China for just ~$9,000
Uber Announces Pricing of Upsized $1.2 Billion Senior Notes Offering
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced the pricing of $1.2 billion principal amount of 7.500% Senior Notes due 2027 (the “notes”). The principal amount of the offering was increased from the previously announced offering size of $750 million. The notes are being offered only to persons reasonably believed to be qualified institutional… Continue reading Uber Announces Pricing of Upsized $1.2 Billion Senior Notes Offering
Lyft Level 5 Self-Driving Dataset Competition Now Open
By: Vinay Shet, Director, Product Management The Lyft Level 5 team recently released a self-driving dataset with several tens of thousands of human-labeled 3D annotated frames and a semantic map, along with associated lidar frames and camera imagery. Today, we’re thrilled to launch a Kaggle competition with this dataset on 3D object detection over a… Continue reading Lyft Level 5 Self-Driving Dataset Competition Now Open
Isolation and distrust brought down Nissan CEO Saikawa
TOKYO — Nissan Motor CEO Hiroto Saikawa’s upcoming resignation on Monday may have been triggered by allegations that he inflated his compensation, but the root of the problem lies in his failure to earn the trust of fellow executives. Nissan management was rattled by a Wall Street Journal article in early August that reported on… Continue reading Isolation and distrust brought down Nissan CEO Saikawa
AV startup Voyage on how low speeds and older customers will help it win the self-driving race
Voyage CEO Oliver Cameron isn’t in any hurry to conquer self-driving cars. The former Udacity vice president for engineering oversees a fleet of low-speed autonomous vehicles providing trips to residents of two retirement communities. His vehicles aren’t fully driverless; they include safety drivers. He’ll remove them when he’s ready. And Cameron’s not interested in tackling… Continue reading AV startup Voyage on how low speeds and older customers will help it win the self-driving race