Info
Info

Automotive supplier Aisin invests in AEye

News

AEye, a world leader in artificial perception systems and the developer of iDAR, announced a strategic investment from Japanese components and systems manufacturer Aisin through their corporate venture capital fund managed by Pegasus Tech Ventures.

Info

Aisin is ranked the sixth largest Tier 1 OEM parts supplier globally, and a premier developer of information and communications technology and electronics for the automotive market. Aisin's investment paves the way for collaboration and expansion as the companies scale to meet the demands of OEMs deploying ADAS and mobility solutions.

“AEye is a breakthrough automotive technology startup with a world-class management and technical team,” said Anis Uzzaman, General Partner & CEO at Pegasus Tech Ventures. “Their AI-based perception solution, iDAR, is a superior technology, rendering the other LiDAR approaches obsolete and creating what we believe is a new standard for ADAS and autonomous solutions in the Japanese market and beyond.”

“We are delighted that Aisin and Pegasus Tech Ventures have joined as partners and as investors,” said Blair LaCorte, president of AEye. “The addition of Aisin as an investor, makes AEye uniquely positioned as the only LiDAR company to have both multiple OEMs and multiple Tier 1s as investors. This validation from automotive companies that are seeking to deploy solutions in the mobility and ADAS markets is a great honor and responsibility.”

Pegasus Tech Ventures, as the manager of Aisin's corporate venture capital fund, has its global headquarters in Silicon Valley and invests in promising technology companies that align with Aisin's mission to respond swiftly to the increasingly sophisticated and diverse needs of OEM customers with best-in-class products.

AEye's iDAR combines software extensibility, artificial intelligence and smart, agile sensors to deliver intelligent data collection at the sensor level. The company's AE110 product features the industry's only software-definable LiDAR, creating an open platform for perception innovation that lets software engineers optimise data collection to best meet their needs. The AE200 system is designed to address the needs of modular, high-performance sensors, and is optimised for size, weight, power, and cost. Both will be available commercially during the second half of this year.


The Latest News, Brought To You By
Automotive supplier Aisin invests in AEye
Modified on Tuesday 14th May 2019
Find all articles related to:
Automotive supplier Aisin invests in AEye
TaaS Technology Magazine


Tuesday 9th - Wednesday 10th July 2019 @ The National Motorcycle Museum

Transportation-as-a-Service (TaaS) Technology will evolve in 2019 from the inaugural conference which took place in 2018, into two co-located conferences plus a shared exhibition. As per 2018 TaaS Technology will cover Connected and Autonomous Vehicles (CAVs) and Future Mobility. The new co-located conference will look at 'Energising Future Mobility' and will focus on the key topics surrounding Electric Vehicles (EVs), Battery/Energy Technology and Infrastructure.

Places will be limited, so register your place today: https://taas.technology
Info
GM Launches New Vehicle Platform To Simplify Integration Of Future Technologies
BMW To Launch Five Fully Electric Models By 2021
Pointer Telocation Marks Its Entry Into The Brazilian Market
BYD Delivers 15 EBuses To Badajoz, Spain
Michelin Acquires European Telematics Provider Masternaut
Six Start-ups Join Volkswagen’s Incubator Programme
Renault Unveils Its Micro-mobility Pilot Project, The EZ-POD
Mitsubishi Electric And HERE Develop New Road Hazard Alert System
Škoda Launches An Updated Version Of The Škoda Connect App
Renault Partners With La Poste To Trial EZ-FLEX LCV For Last Mile Deliveries
Greenlots Enables Further Electrification Of Columbus Yellow Cab’s Fleet In Central Ohio
Boosted Focusses On Last-mile Transportation With Its Electric Scooter, Boosted Rev
Aimsun Unveils New Platform For Simulating A Driverless Future
Vulog And Groupe Renault Announce Partnership To Manufacture Car-sharing Ready Electric Vehicles
Panasonic Launches A Unique EV Charging System In India
Volkswagen Provides Insights Into Its Latest Innovations At The Vienna Motor Symposium
EVgo And Chevron To Bring EV Fast Charging To Gas Stations In California
Rapid EV Charging A Reality With Tie-up Between IONITY And Octopus Energy
Audi’s Mobility Service ‘Audi On Demand’ Launches In Mallorca
ITM Power Extends Collaboration With Shell UK For Hydrogen Refuelling
Immense Simulations Raises $4.6m Series A Round Co-led By Amadeus Capital Partners And Global Brain Corporation
Daimler Tests Automated Driving As A Part Of The PEGASUS Project
GM To Create An Autonomous Test Track At Its Oshawa Facility In Canada
Hailo Launches New Deep Learning Processor
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info