Ford, others invest .6M in mapping startup for self-driving cars

Mark Fields, Ford president and CEO.(Photo: Ethan Miller Getty Images) Ford is among five investors putting $6.6 million into a California startup that generates 3-dimensional maps to help guide self-driving cars. Civil Maps, which was founded in 2014, uses artificial intelligence to convert data obtained from a car’s sensors into map information for use in autonomous vehicles. The company had raised almost $3 million before today’s announcement. The latest investment will be used for product development and deployment of the technology. In addition to Ford, investors include Motus Ventures, Wicklow Capital, StartX Stanford and AME Cloud Ventures. The 16-employee company is based in Albany, just north of Berkeley. “Autonomous vehicles require a totally new kind of map,” said Sravan Puttagunta, Civil Maps CEO. “Civil Maps’ scalable map generation process enables fully autonomous vehicles to…


Link to Full Article: Ford, others invest .6M in mapping startup for self-driving cars