Chronocam secures $15M to power its 'biological eye' computer vision system
Summary
Not everything in our field of view at any given time is all that interesting; often, its only when something consistent changes that our eyes take notice.Paris-based Chronocam is looking to further develop this concept in the computer vision space with its new camera technology being optimized for autonomous vehicles.Today, Chronocam announced that it has picked up $15 million in a Series B funding round led by Intel Capital. The company had previously raised an $850,000 seed round.Computer vision is a space where Intel is continuing to make significant moves. Intel announced last month that it is acquiring computer vision VPU-maker Movidius, which has become popular largely for how well it does low-power on-device processing. For autonomous cars, knowing everything about the scope, brightness and color of the sky isnt important until theres a sudden storm and hail is dropping out of the sky.Conventional computer vision approaches are not well-suited to the requirements of a new generation of vision-enabled systems, said Luca Verre, CEO and co-founder of Chronocam, in a statement. For example, autonomous vehicles require faster sensing systems which can operate in a wider variety of ambient conditions.