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Helm. ai secured round C financing

Publish Date: 2023.08.19

  According to foreign media reports, Helm. ai, the next-generation artificial intelligence software supplier for autonomous driving and robot automation, announced that it has raised $55 million in the C-round financing. This round of financing is led by Freeman Group, with venture capital firms ACVC Partners and Amplo participating, as well as strategic investments by Honda Motor, Goodyear Ventures, and Sungwoo Hitech.

  

  Image source: Helm.ai

  

  Through this financing, Helm. ai's total financing amount reached 102 million US dollars. Helm. ai will use this funds to develop and commercialize autonomous driving technology, and further engage in commercial cooperation with customers and partners in the automotive and robotics fields.

  

  Helm.ai CEO Vlad Voroninski said, "Our deep teaching Technology can quickly provide top-notch AI software to OEMs and first tier suppliers in a hardware independent manner, accelerate product time to market, and help customers achieve software differentiation through high-end ADAS and L4 systems. The new funds will increase our artificial intelligence products for autonomous driving and robot applications, and expand the commercial footprint of the cutting-edge artificial intelligence software stack

  

  Helm. ai's C-round financing marks Freeman Group's third investment in a company related to Helm. ai CEO Vlad Voroninski. Prior to co founding Helm.ai in 2016, Vlad served as the Chief Scientist of Sift Security. Sift Security is a cybersecurity machine learning startup founded by the Freeman Group and acquired by Netskope in 2018. Netskope is currently the world's fastest-growing private cybersecurity company with a valuation of $7.5 billion.

  

  Brandon Freeman, President of Freeman Group, said, "Vlad is an indispensable part of Sift Security's early success and has effectively led Helm.ai's growth and development by providing breakthrough artificial intelligence software that the automotive industry is rapidly accepting. Freeman Group is honored to be able to lead Helm.ai's C-round financing, and we will continue to support the company's rapid development under Vlad's leadership

  

  This article is reprinted from Gaishi Automotive Information Network

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