Funding

Civil Maps Closes $6.6M funding

62 Views

What does Civil Maps do?

Civil Maps, is a company which provides 3D mapping technology for completely autonomous vehicles. The company allows actuation and on demand perception of the world around through collection and analysis of spatial data. The company believes that efficient and safe mobility can change the way they live and change the way of interaction with the surroundings. For reaching this, they are developing an AI which enables automobiles for perceiving and responding to the physical world. The company’s 1st milestone is generating continental scale high definition of 3D maps and real time, cm level localization. Their process of questioning the established methods and their AI expertise allows us in defining the future mobility solutions. The company’s resources are augmented via its partnerships with the leading academic institutions such as Esri Emerging Business Group, National Energy Research Scientific Computing Center, U.S. Department of Energy Verizon Innovation Program, StartX, Michael Baum’s Founder.org, University of California Berkeley, SkyDeck and Stanford University and leading geospatial, governmental institutions.

How much Civil Maps was funded?

Civil Maps raised StartX Stanford, AME Cloud Ventures,  Wicklow Capital, Motus Ventures and Ford Motor Company.

Previous funding

  • Undisclosed amount on December 1, 2014 from SkyDeck | Berkeley
  • $100k on June 14, 2015 from org
  • $1.5M on September 12, 2015 from CLI Ventures, Ronjon Nag, CRCM Venture Capital, Motus Ventures, Joseph Hlady,  Abhishek Arora, Alrai Capital and VGO Ventures.
  • $1M announced on November 1, 2015 and closed on December 31, 2015 from SAIC Capital, StartX and TEEC Angel Fund
  • $4M on July 15, 2016 from Alrai Capital

What is next for Civil Maps?

The company plans to use the latest funding raised for accelerating its product development and deployment with a number of automotive companies and tech partners.

More about Civil Maps

Civil Maps was founded on October 1, 2014 by Sravan Puttagunta. It has its headquarters in Berkeley, California.

 

 

 

 

Related Posts