| Title | Ford Pumps Cash Into Company Creating Maps for Self-Driving Cars | |
| Date | Monday July 18 2016, @08:08AM | |
| Author | cmn32480 | |
| Topic | ||
| from the how-much-to-update-them dept. | ||
Arthur T Knackerbracket has found the following story:
Ford is already deeply involved with these sorts of investments, but its portfolio is growing once again with an investment in a company building maps for self-driving cars.
Civil Maps' goal is to create a set of high definition maps that self-driving cars can use to navigate. The company takes data from Lidar and cameras and translates it into a format cars can understand. It prides itself on having a small data footprint, making it easier to transmit data to and from vehicles.
"Autonomous vehicles require a totally new kind of map," said Civil Maps CEO Sravan Puttagunta in a statement. "Civil Maps' scalable map generation process enables fully autonomous vehicles to drive like humans do -- identifying on-road and off-road features even when they might be missing, deteriorated or hidden from view and letting a car know what it can expect along its route."
The company received $6.6 million in seed funding from Ford and five other investors. Civil Maps isn't a large company, with just 16 employees on the payroll. Ford's other recent work with startups includes a $182.2 million investment in software company Pivotal, and its Ford Fusion sedan is the basis for an autonomous test car Uber has deployed in Pennsylvania.
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printed from SoylentNews, Ford Pumps Cash Into Company Creating Maps for Self-Driving Cars on 2023-06-14 07:02:01