Flexible Electronics News

OSRAM invests in Autonomous Driving AI Start-up Recogni

Recogni successfully raises its financing round with a volume of $25 million.

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By: Anthony Locicero

Copy editor, New York Post

Fluxunit, OSRAM’s Venture Capital arm, joined leading VC funds as well as automotive OEMs and Tier-1 suppliers in the financing round of Recogni.    The Silicon Valley start-up with subsidiary in Munich develops a vision-oriented AI platform for autonomous vehicles, which allows the processing of sensor data from LIDAR (Light Detection and Ranging, a sensor based on infrared light for 3D machine vision that can be used to detect distances amongst other things), camera and RADAR systems...

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