Self-driving tech startup DeepMap looks to enable next-gen autonomous vehicles with mapping technologies.
Founded by Alphabet Inc. mapping veterans, the startup is constructing systems that help self-driving cars navigate and is looking to license its software to automakers and tech companies. The team at DeepMap also has mapping technology vets from Apple and Baidu.
DeepMap recently raised $25 million in a Series A venture funding round led by Accel, along with participation from seed investors Andreessen Horowitz and GSR Ventures. To date, the mapping technology company has raised a total of $32 million.
Read more at: Fintech News