FiveAI picks up .7M to build AI-driven software for autonomous vehicles

FiveAI is a rather ambitious U.K. startup that’s building AI-driven software to help accelerate the development of autonomous vehicles. The young company wants to apply the latest developments in computer vision and AI/machine learning to enable self-driving cars to do more of the heavy-lifting in regards to understanding and navigating their immediate environment.To enable FiveAI to continue building out its autonomous vehicle software stack and grow its team of AI/machine learning and other software engineers, the startup has raised a $2.7 million in funding. The round was led by Amadeus Capital Partners with participation from Spring Partners and Notion Capital. Specifically, FiveAI wants to use AI/machine learning and computer vision to remove the need for highly detailed “prior 3D mapping” of environments, which I’m told is the predominant method used…


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