Toyota, BMW, and Allianz Invest in Big Data Startup, Nauto
BMW I Ventures and the Toyota Research Institute recently invested in startup company Nauto, to use driver data to support the development of autonomous driving technologies. A third, anonymous OEM and Allianz Ventures also participated in this funding round, which follows an earlier US$12million Series A in April of 2016. The data collection module is comprised of a small box which contains a camera and computer attached to the car’s windshield. The system has the capability to detect human habits behind the wheel, e.g. texting while collecting traffic data and determining how the vehicle navigates through complicated roadways.
To find out more about subscribing: