Toyota AI Ventures, Micron Ventures, Hella Ventures and Presidio Ventures have all invested in the video analytics system developer.
US-based manufacturing analytics technology developer Drishti Technologies raised $25m yesterday in a series B round featuring subsidiaries of carmaker Toyota, chipmaker Micron, diversified conglomerate Sumitomo and automotive component producer Hella.
Toyota AI Ventures, Micron Ventures, Hella Ventures and Presidio Ventures joined venture capital firm Sozo Ventures, which led the round, Alpha Intelligence Capital, Emergence Capital, Benhamou Global Ventures and Andreessen Horowitz.
Spun out of research institute SRI International, Drishti provides artificial intelligence-equipped video analytics technology that can be used to…