By BusinessWire
$6.6M Investment Will Accelerate Deployment of 3D Mapping Technologies for Fully Autonomous Vehicles
Civil Maps, provider of 3D mapping technology for fully autonomous vehicles, today announced it raised a $6.6 million seed funding round. The round was led by Motus Ventures and includes investment from Ford Motor Company, Wicklow Capital, StartX Stanford and Yahoo cofounder Jerry Yang’s AME Cloud Ventures.
Civil Maps’ mission is to make it possible for fully autonomous vehicles to drive anywhere smoothly and safely. Through artificial intelligence and vehicle-based local processing, Civil Maps converts sensor data into meaningful map information built specifically to direct fully autonomous vehicles.
“Civil Maps’ pioneering mapping technology is building the backbone of our fully autonomous future,” said Jim DiSanto, managing director of Motus Ventures. “By creating and managing live semantic maps of all the roads in America, the company is providing a technology essential for the leap to fully autonomous vehicles.”