Tier to roll out computer vision for e-scooters with latest acquisition
Summary
Tier has been working with tech company Fantasmo to make e-scooter parking more accurate and safer for other road users. The US company says its system can map cities at ground level and is up to 10 times more accurate for positioning than satellite-based GPS, and only requires a data connection and a camera. Matthias Laug, CTO and co-founder of Tier, said: “From the very beginning, we’ve been hugely impressed by Fantasmo’s camera positioning system, which allows us to directly address the concerns of vulnerable road users when it comes to how e-scooters are parked.” In the coming months, Tier plans to invest further in tech that can make e-scooters safer for other road users. With Fantasmo’s tech, it is testing a computer vision-based driver assistance system that can detect traffic violations when paired with a vision sensor and a new IoT platform. It purchased micromobility operator Spin as well as European bike-share company Nextbike, Hungarian tech agency Makery and the Italian subsidiary of Wind Mobility.