Automakers are in a race to produce the best self-driving vehicle systems to future-proof their businesses, and the key focus depends on the development of hardware such as radar and video sensors. Whilst these produce essential data required for autonomous vehicles to assess their surroundings, the industry lacks a software framework for the analysis of this data to improve self-driving capabilities.
Helm.ai develops software that aims to understand sensor data in the same way that humans can assess information whilst driving a car manually. Uniquely, this software uses machine learning to train neural networks without the need for on-road testing and manual data analysis, in an attempt to increase the rate of self-driving vehicle development and reduce the costs required to do so.
The company has recently closed a Series C funding round led by Freeman Group. This is being used to hire additional talent and to advance the company's R&D efforts. While the autonomous vehicle sector faces problems with regulatory issues and poor performance among publicly listed AV companies, there is still huge demand for fleets operating in less populated areas, for instance long haul freight. Helm.ai is well positioned to provide the support they will need to bring their products to market.
Freddie
Company Specialist at Welcome to the Jungle