Teraki Secures $2.3M in Funding

terakiTeraki, a Berlin, Germany-based automotive AI startup, raised $2.3m in funding.

Backers included Horizons Ventures and American Family Ventures.

The company, which brought total funding to $5.3m, intends to use the funds to continue to expans operations.

Led by Daniel Richart, CEO and co-founder, and Markus Kopf, co-founder and CTO, Teraki is a provider of embedded, pre-processing software for sensor data in the automotive industry. When embedded in automotive electronic systems, the software enables hardware to process the vast amount of data generated by in-vehicle sensors and control units (ECUs, MCUs, TCUs) to improve vehicle safety and autonomy at lower operational costs.
Teraki has completed several pre-production validations by premium automotive manufacturers, as well as integrations on a variety of microcontrollers.



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