Porsche invests in ‘low visibility’ sensor startup TriEye – gpgmail


Porsche’s venture arm has acquired a minority stake in TriEye, an Israeli startup that’s working on a sensor technology to help vehicle driver-assistance and self-driving systems see better in poor weather conditions like dust, fog and rain.

The strategic investment is part of a Series A financing round that has been expanded to $19 million. The round was initially led by Intel Capital and Israeli venture fund Grove Ventures. Porsche has held shares in Grove Ventures since 2017.

TriEye has raised $22 million to date. Terms of Porsche’s investment were not disclosed.

The additional funding will be used for ongoing product development, operations and hiring talent, according to TriEye.

The advanced driver-assistance systems found in most new vehicles today typically rely on a combination of cameras and radar to “see.” Autonomous vehicle systems, which are being developed and tested by dozens of companies such as Argo AI, Aptiv, Aurora, Cruise and Waymo, have a more robust suite of sensors that include light detection and ranging radar (lidar) along with cameras and ultrasonic sensors.

For either of these systems to function properly, they need to be able to see in all conditions. This pursuit of sensor technology has sparked a boom in startups hoping to tap into demand from automakers and companies working on self-driving car systems.

TriEye is one of them. The premise of TriEye is to solve the low visibility problem created by poor weather conditions. The startup’s co-founders argue that fusing existing sensors such as radar, lidar and standard cameras don’t solve this problem.

TriEye, which was founded in 2017, believes the answer is through short-wave infrared (SWIR) sensors. The startup said it has developed an HD SWIR camera that is a smaller size, higher resolution and cheaper than other technologies. The camera is due to launch in 2020.

The technology is based on advanced nano-photonics research by Uriel Levy, a TriEye co-founder and CTO who is also a professor at the Hebrew University of Jerusalem.

The company says its secret sauce is its “unique” semiconductor design that will make it possible to manufacture SWIR HD cameras at a “fraction of their current cost.”

TriEye’s technology was apparently good enough to get Porsche’s attention.

Michael Steiner, a Porsche AG board member focused on R&D, said the technology was promising, as was the team, which is comprised of people with expertise in deep learning, nano-photonics and semiconductor components.

“We see great potential in this sensor technology that paves the way for the next generation of driver assistance systems and autonomous driving functions,” Steiner said in a statement. “SWIR can be a key element: it offers enhanced safety at a competitive price.”


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Waymo self-driving cars head to Florida for rainy season – gpgmail


Waymo is taking some of its autonomous vehicles to Florida just in time for hurricane season to begin testing in heavy rain.

The move to Florida will focus on testing how its myriad of sensors hold up during the region’s rainy season as well as to collect data. All of the vehicles will be manually driven by trained drivers.

Waymo will bring both of its autonomous vehicles, the Chrysler Pacificas and a Jaguar I-Pace, to Naples and Miami, Florida for testing, according to a blog posted Tuesday. Miami is one of the wettest cities in the U.S., averaging 61.9 inches of rain annually.

The self-driving car company, which is a business under Alphabet, began testing its autonomous vehicles in and around Mountain View, Calif., before branching out to other cities and weather, including Novi, Michigan, Kirkland, Washington and San Francisco. But the bulk of the company’s activities have been in suburbs of Phoenix and around Mountain View — two places with lots of sun, and even blowing dust, in the case of Phoenix.

Waymo opened a technical center Chandler, Ariz. and started testing there in 2016. Since then the company has ramped up its testing and launched an early rider program in April 2017 as a step toward commercial deployment.

The company will spend the next several weeks driving on a closed course in Naples to test its sensor suite , which includes lidar, cameras and radar . Later in the month, Waymo plans to bring its vehicles to public roads in Miami. A few Waymo vehicles will be collecting data on highways between Orlando, Tampa, Fort Myers and Miami.

Waymo is hardly the only autonomous vehicle company to take advantage of Florida’s AV friendly regulations. Ford and Argo AI, the self-driving company it backs, have had a presence in the Miami since early 2018. Argo AI began collecting data and mapping and has since expanded to testing in autonomous mode last summer.

Last year, Ford partnered with Walmart and Postmates to test the business of delivering goods like groceries and pet food using self-driving vehicles. The pilot project is focused on Miami-Dade County.

Self-driving trucks startup Starsky Robotics also is testing in Florida.


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