FiveAI secures € 2.4 million in funding to apply strong artificial intelligence to autonomous vehicles

FiveAI picks up $2.7M to build AI-driven software for autonomous vehicles

Autonomous Driving Technology Startup FiveAI Raises $2.7M

FiveAI, a UK startup developing AI-powered autonomous vehicle technology, has secured €2.4 million in seed funding led by Amadeus Capital Partners, with participation from Spring Partners and Notion Capital. The funding will be used to expand the team, accelerate development, and begin simulator and road testing of its software. FiveAI's approach focuses on using advanced AI and ML to enable autonomous vehicles to navigate complex urban environments without relying on detailed 3D maps. The company aims to provide its software to major players in the mobility industry, including automotive OEMs, suppliers, rental companies, and transportation operators.

FiveAI Raises €2.4 Million to Develop AI-Powered Autonomous Vehicle Technology

FiveAI is a UK startup which is using artificial intelligence (AI) and machine learning (ML) to accelerate the arrival of fully autonomous vehicles. The Bristol- and Cambridge-based company applies several of the latest AI technologies to solve the most complex problems in the autonomous vehicle space.

FiveAI is a UK startup using AI and ML to accelerate the arrival of fully autonomous vehicles.

9 years ago

FiveAI Raises €2.4 Million to Develop AI-Powered Autonomous Vehicle Technology

ProblemTechnology

Solution

Covered on