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 significant challenge in the AV industry. This technology is offered to clients such as car manufacturers and tech firms through licensing agreements, allowing them to integrate it into their self-driving systems. Perceptive Automata differentiates itself from competitors by focusing specifically on the social awareness aspect of AVs, making them safer and more acceptable to the public. The company's goal is to enhance the interaction between AVs and humans, ultimately contributing to safer roads.

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

$17M

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

$100M

View all funding stages