Mapillary secures $15 mn Series B led with BMW i Ventures to accelerate universal chart information collection. Malmö: Mapillary, the world’s leading street-standard imagery platform that extracts chart information Utilizing computer vision, has lifted $15 mn in Series B funding in the latest push to scale Intelligent chart information collection.
The round is led by BMW i Ventures, by involvement by Samsung Catalyst Fund & NavInfo together by existing Businessmen including Atomico & Sequoia Capital.
Mapillary’s collaborative platform allows anyone to contribute street-standard images captured by any cam, by Mapillary’s computer vision technology being used to connect the images & automatically extract chart information.
Uwe Higgen, Managing Partner of BMW i Ventures, tells: “There is a growing necessity for an independent suppliers of street-standard imagery & chart information, that acts as a sharing platform between different players.
Anyone who wants to contribute street-standard images to the Mapillary platform could do Extremely out of its app
Sweden’s Mapillary lifts $15 mn in funding round led with BMW i Ventures
STOCKHOLM, April twelve (Reuters) – Malmo-based Mapillary, that runs a street-standard imagery platform that extracts & analyses chart information Utilizing computer vision, said on Thursday it had lifted $15 mn in a series B funding round led with BMW i Ventures, to scale Intelligent chart information collection.
* Samsung Catalyst Fund & China’s NavInfo & existing Businessmen Atomico & Sequoia too included in the financing round * Mapillary going to Utilize the capital to …
A Swedish professor’s computer vision startup only lifted a $15 mn series B led with BMW i Ventures
As it stated in Mapillary (collage), a mapping startup through Malmö, is stepping up development after raising $15 mn Series B led by BMW i Ventures.
The strategic investment from industry insiders going to see Mapillary double drop on the automotive segment, & take on Asia.
AdThe Malmö-based street-standard imagery platform has This time lifted a $15 mn series B round, taking total funding to lock to $25 mn.
The strategic investment round is led by BMW i Ventures, by involvement by Samsung Catalyst Fund & NavInfo together by existing Businessmen.
Mapillary’s db, that it appeals is “the largest & generality diverse dataset” of its kind, currently consists of 260 mn images across the globe.
collected by :Elizabis Ethan