Brain Corp., a San Diego, CA-based A.I. company specializing in the development of self-driving technology for robots, raised $114m in Series C funding.
The round was led by the SoftBank Vision Fund, with participation from Qualcomm Ventures, the investment arm of Qualcomm Incorporated and Brain’s first institutional investor. As part of its investment, Qualcomm Ventures will retain a seat on Brain’s Board of Directors.
The investment will be used to further develop A.I. technology and create brains for multiple types of commercial and consumer robots.
Led by Dr. Eugene Izhikevich, CEO, Brain has developed A.I. and self-driving technology to enable robots to perceive their environment, learn to control their motion, and navigate using visual cues and landmarks while avoiding people and obstacles.
The foundation of Brain technology is Brain Operating System (BrainOS®), a proprietary operating system that integrates with off-the-shelf hardware and sensors to provide a cost-effective “brain” for robots.
BrainOS has computer vision and A.I. libraries that enable development of smart systems that learn and adapt to people and environment. Its navigation stack provides advanced self-driving capabilities for cluttered and dynamic indoor environments, and takes into account robot geometry and dynamics, preventing collisions with obstacles, which is the essential safety requirement for commercial applications.
FinSMEs
19/07/2017