StradVision, a San Jose, Calif.-based innovator in vision processing technology for Autonomous Vehicles and advance driver assistance, received a strategic investment from global automotive supplier AISIN Group through its corporate VC fund managed by Pegasus Tech Ventures.
The amount of the deal was not disclosed.
Led by CEO, Junhwan Kim, StradVision is advancing AI-based camera perception software for Autonomous Vehicles and Advanced Driver Assistance. The system will allow Advanced Driver Assistance Systems (ADAS) in autonomous vehicles to reach safety, accuracy, and driver convenience. The solution will support millions of SUVs, sedans, and buses on the road soon.
Pegasus Tech Ventures is a global venture capital firm based in Silicon Valley with $1.5 Billion under management and more than 35 corporate LPs.