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To provide answers for the self-driving industry’s greatest challenges.
-2% employee growth in 12 months
Five develops software for self-driving vehicles in a B2B model, providing its software stack to other self-driving projects. The company has launched commuter trials on London streets as part of a research consortium named Streetwise with government backing, placing FiveAI at the forefront of driverless car technology in Europe.
The software company is aiming to build autonomy in complex urban environments without utilising dense 3D prior maps and localisation but instead using 'strong' AI to solve the challenge, resulting in a more scalable and flexible software.
Five has been acquired by Bosch (subject to approval by antitrust authorities) for an undisclosed amount. Bosch is a global leader in driving assistance technologies, with core technologies and vast data lakes that will be essential in bringing safe self-driving systems to market. Moving forward, Bosch and Five’s software engineering teams will be combined into one. Five's CEO is excited for Five to become part of Europe’s most powerful SAE Level 4 player and to be a part of Bosch’s future success.
Kirsty
Company Specialist at Welcome to the Jungle
Feb 2020
$41m
SERIES B
Jul 2017
$16.3m
GRANT
This company has top investors
Stan Boland
(CEO)Former co-founder and CEO at Icera Inc. and Element 14 Inc., acquired by NVIDIA and Broadcoms for > $1 billion. They were CEO at Acorn Computers and board member at ARM. Physics graduate (Cambridge).
John Redford
(CTO)Formerly Distinguished Engineer at Broadcom, co-founder and VP Systems & Software at Element 14, and CTO of Acorn Computers. Mathematics graduate (University of Cambridge).