Oculii Raises $55 Million Series B to Accelerate the Future of Autonomy with AI-Powered Radar
b'DAYTON, Ohio, May 06, 2021 (GLOBE NEWSWIRE) -- Oculii , the leading provider of advanced AI software for radar perception, today announced a $55 million Series B funding round.
- b'DAYTON, Ohio, May 06, 2021 (GLOBE NEWSWIRE) -- Oculii , the leading provider of advanced AI software for radar perception, today announced a $55 million Series B funding round.
- However, due to radar\xe2\x80\x99s limited resolution, it has fallen short of the automotive industry\xe2\x80\x99s autonomy needs.
- This new round of financing will accelerate Oculii\xe2\x80\x99s growth as the leading AI software radar solution on the market.
- When it comes to Oculii\xe2\x80\x99s VAI software, it leverages existing, market-proven radar hardware without adding steps to the supply chain.