Provizio closes $6.2M seed spherical for its automotive security platform utilizing sensors and AI

By | November 6, 2020

Provizio, a mixture {hardware} and software program startup with expertise to enhance automotive security, has closed a seed funding spherical of $6.2million. Traders embody Bobby Hambrick (the founding father of Autonomous Stuff); the founders of Movidius; the European Innovation Council (EIC); ACT Enterprise Capital.

The startup has a “five-dimensional” sensory platform that — it says — perceives, predicts and prevents automotive accidents in actual time and past the line-of-sight. Its “Accident Prevention Know-how Platform” combines proprietary imaginative and prescient sensors, machine studying and radar with ultra-long vary and foresight capabilities to stop collisions at excessive pace and in all climate circumstances, says the corporate. The Provizio staff is made up of specialists in robotics, AI and imaginative and prescient and radar sensor improvement.

Barry Lunn, CEO of Provizio mentioned: “One level three 5 highway deaths to zero drives every part we do at Provizio. Now we have put collectively an unimaginable staff that’s rising each day. AI is the way forward for automotive accident prevention and Provizio 5D radars with AI on-the-edge are step one in direction of that purpose.”

Additionally concerned in Provizio is Dr. Scott Thayer and Prof. Jeff Mishler, formally of Carnegie Mellon robotics, well-known for growing early autonomous applied sciences for Google / Waymo, Argo, Aurora and Uber.

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