25 Dec '16, 12pm

Chronocam raises $15M in Series B; high-performance bio-inspired vision technology for autos and other machines...

Chronocam raises $15M in Series B; high-performance bio-inspired vision technology for autos and other machines 27 October 2016 France-based Chronocam SA, a developer of biologically-inspired vision sensors and computer vision solutions for automotive, IoT and other applications requiring vision processing, raised $15 million in Series B financing. The funding comes from lead investor Intel Capital, along with iBionext, Robert Bosch Venture Capital GmbH, 360 Capital, CEAi and Renault Group. Chronocam will use the investment to accelerate product development and commercialize its computer vision sensing and processing technology. The funding will also allow the company to expand into key markets, including the US and Asia. Where traditional image sensors acquire static frame snapshots of an entire scene at fixed points in time, bio-inspired vision sensors sense the relevant...

Full article: http://www.greencarcongress.com/2016/10/20161027-chronoca...

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