Helm.ai Raised $55M Series C Funding
Helm.ai focuses on advancing autonomous mobility and robotic innovation.
Funding Highlights:
- Funding Amount: $55M in Series C funding.
- Total Funding to Date: $102M.
- Leading Investor: Freeman Group.
- Participating Investors: ACVC Partners, Amplo, Honda Motor, Goodyear Ventures, and Sungwoo Hitech.
Company's Objective with Funding:
Helm.ai plans to channel the newly-acquired funds towards:
- Amplifying its research and development efforts.
- Progressing towards the productization of its autonomous driving technologies.
- Strengthening its commercial ties, both with current partners and prospective clientele in the automotive and robotics realms.
Company Profile:
Name: Helm.ai
Location: Menlo Park, CA
Industry Focus: AI software for autonomous driving and automation of robotics
About Helm.ai:
Inception Date: November 2016
Leadership: Vlad Voroninski serves as the CEO.
Offerings: Helm.ai is a pioneer in crafting AI software tailored for high-tier Advanced Driver Assistance Systems (ADAS), Level 4 (L4) autonomous driving, and cutting-edge robotics solutions.
Looking Forward:
Helm.ai focuses on advancing autonomous mobility and robotic innovation. With its AI expertise and recent funding, Helm.ai aims to improve autonomous technology for vehicles and robots.