Overview

Perceptive Automata develops artificial intelligence technology aimed at improving the safety of autonomous vehicles (AVs) by understanding human behavior. Their AI systems can predict the actions and intentions of pedestrians and other vulnerable road users, addressing a key challenge in AV technology. The company primarily serves clients in the autonomous vehicle industry, including car manufacturers and tech firms, by providing AI software solutions through licensing agreements and consulting services. This focus on human behavior sets Perceptive Automata apart from competitors, as it enhances the social awareness of AVs, making them safer and more acceptable to the public. The company's goal is to be a valuable partner in the AV industry by offering solutions that improve safety and facilitate better human interaction with autonomous vehicles.

Simplify's Take

What believers are saying

• Toyota Ventures' investment indicates strong market confidence in their technology.
• Recognition as a top workplace attracts top talent for continued innovation.
• Partnerships with OEMs and tech companies enhance market integration and reach.

What critics are saying

• Competition from Waymo and Tesla threatens market share.
• Rapid AI advancements may render current solutions obsolete without innovation.
• Regulatory changes could impose additional compliance costs or restrictions.

What makes Perceptive Automata unique

• Perceptive Automata focuses on human behavior prediction for autonomous vehicles.
• Their AI goes beyond standard physics-based approaches for better human interaction.
• The team includes experts from Harvard, MIT, and Stanford, enhancing credibility.

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Funding

Total Funding

$17.4M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:

First Round Capital

Notable Investors:

First Round Capital

$16,000,000

Series A

Oct 2018

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Meet Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$16M

$30M

View all funding stages