Recogni's mission is to design a vision-oriented artificial intelligence system from the ground up. The system will deliver unprecedented inference performance through novel edge processing, allowing vehicles to see farther and make driving decisions faster than humans while consuming minimal amounts of energy. The company is headquartered in San Jose, Calif. with operations in Munich, Germany and is backed by leading venture capital firms including GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia, Fluxunit - OSRAM Ventures and DNS Capital.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
07/31/19 | $25,000,000 | Series A |
BMW i Ventures DNS Capital Faurecia Fluxunit GreatPoint Ventures Toyota AI Ventures | undisclosed |
02/20/24 | $102,000,000 | Series C |
BMW i Ventures Celesta Capital DNS Capital GreatPoint Ventures HSBC Innovation Banking Mayfield Pledge Ventures SW Mobility Fund Tasaru Mobility Investments | undisclosed |