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OSRAM invests in Autonomous Driving AI Start-up Recogni

(PresseBox) (Munich, )
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- Recogni successfully raises its financing round with a volume of $25 million
- Besides OSRAM's Venture Capital arm Fluxunit, BMW iVentures, Toyota AI Ventures, Faurecia, GreatPoint Ventures and other investors partake in the round
- Recogni develops high-performance, low-power AI processing for autonomous vehicles

Fluxunit, OSRAM's Venture Capital arm joins leading VC funds well as automotive OEMs and Tier-1 suppliers in the financing round of Recogni. The Silicon Valley start-up with subsidiary in Munich develops a vision-oriented artificial intelligence (AI) platform for autonomous vehicles, which allows the processing of sensor data from LIDAR1, camera and RADAR systems in real-time and at
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