Helm.ai Announces $55 Million Series C Funding for its AI Software
Summary
"Freeman Group couldnt be more excited to have led Helm.ais Series C round and we will continue supporting the companys rapid growth under Vlads leadership." News of Helm.ais Series C funding round and its industry accolades arrives during a paradigm shift in the autonomous vehicle sector as an increasing number of competing autonomous driving companies falter due to subpar technological and market positioning, making room for next generation technologies and more robust commercialization approaches toward L4 via the high-end ADAS market. Helm.ai has continued to enjoy record adoption thanks to its generalized, hardware agnostic approach to AI for autonomous systems and is well-positioned to secure a growing roster of customers in the months and years to come. Plus, theyll discuss the proliferation of AI-driven development beyond the automotive field, including mining, drones and the path toward robotics automation at large. Founded in November 2016 in Menlo Park, CA, the company has re-envisioned the way AI software is built to make truly scalable autonomous driving a reality.