Boland building AI powerhouse for driverless cars

A startup spearheaded by serial entrepreneur Stan Boland plans to build a world-leading UK software powerhouse for autonomous vehicles – a hothouse of AI that manufacturers can harness to validate the safety of driverless cars. Boland (pictured), who has a string of Cambridge technology successes under his belt, is co-founder and CEO of Five.ai which recently raised $2.7 million in a round led by Hermann Hauser’s Amadeus Capital Partners. Three VCs weighed into the round and the company will be looking for some $35m in a further two rounds to get definitive validation technology into the marketplace by 2019 and subsequently push on with commercialisation. It expects its investor profile to become increasingly international. Co-founder Ben Peters, who heads up marketing for Five.ai and worked with Boland at Neul in…


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