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StradVision Receives Funding From Leading Global Automotive Supplier AISIN Group Through Its Corporate VC Fund Managed by Pegasus Tech Ventures

Jul 08, 2020about 5 years ago
San JoseAutonomous VehiclesAutomotiveSoftware

Description

StradVision, an innovator in vision processing technology for Autonomous Vehicles and advance driver assistance, announced a strategic investment from Pegasus Tech Ventures, the Venture Capital-as-a-Service (VCaaS) fund manager.

Company Information

Company

StradVision

Location

San Jose, California, United States

About

Founded in 2014, StradVision is an automotive industry pioneer in AI-based vision processing technology for Advanced Driver Assistance Systems (ADAS). The company is accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market cost compared with competitors. StradVision's SVNet is being deployed on various vehicle models in partnership with OEMs and powers ADAS & Autonomous Vehicles worldwide and is serviced by over 300 employees in Seoul, San Jose, Detroit, Tokyo, Shanghai, Friedrichshafen, and Dusseldorf. StradVision has been honored with the Gold Award at the 2021 AutoSens Awards for Best-in-Class Software for Perception Systems, and the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (Software Category). In addition, StradVision's software is certified to the ISO 9001:2015 for Quality Management System and ISO 26262 for Automotive Functional Safety.

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