Cartica AI clinches series B funding

Sep 5, 2019 • Callum Cyrus

Cartica AI, an autonomous perception tech developer forged from Technion spinout Cortica, secured capital from OurCrowd, Continental, Toyota and BMW in what appears to be its first publicly-disclosed round.

Cartica AI, an Israel-based autonomous perception technology developer leveraging Technion – Israel Institute of Technology research, closed a series B round of undisclosed size on Tuesday.
Carmakers Toyota and BMW contributed through respective corporate venturing units Toyota AI Ventures and BMW i Ventures, and were joined in the round by automotive components manufacturer Continental and equity crowdfunding platform OurCrowd.
Founded in 2018, Cartica AI is working on technology that marries computer vision with deep learning models to help…

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