4 years ago

Cron AI Raises $4 Million to Accelerate 3D Data Edge Perception Platform

  • Cron AI, a deep tech company building a 3D Data Edge perception platform, has raised $4 million in Series A funding led by VenturEast and Kitaki Ventures, with participation from existing investor YourNest Venture Capital

  • The funding will be used to accelerate the delivery of Cron AI's senseEDGE technology into new markets, powering the core of autonomous systems and automated machines

  • Cron AI's senseEDGE platform is in advanced stages of development, with several patents already filed and 'test kits' set to be shipped to global customers in H2 2021

  • The company's real-time AI, Deep Learning-enabled edge inferencing platform accelerates algorithms and neural networks on the product edge, enabling innovators to develop intelligent solutions using 3D sensors to accurately perceive and learn the real world

  • Cron AI's technology is critical for applications like autonomous vehicles, mobility, logistics, robotics, intelligent transport infrastructure, smart spaces and security applications.

      • ProblemTechnology

      "Processing 3D sensor data like LiDAR requires significant processing power, making it difficult to deploy real-time applications on devices at the edge, hindering the development of autonomous systems."

      Solution

      "Cron AI's senseEDGE is a hardware and software platform that provides real-time, high-performance processing of 3D sensor data at the edge, enabling the development of faster and more efficient autonomous systems."

      Covered on