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…


Link to Full Article: Boland building AI powerhouse for driverless cars

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about homeAI.info and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!