| |

Helm.AI Raises $26M to Expand L4 Self-Driving Software

Helm AI

November 16, 2021

Helm.ai, which develops next-generation artificial intelligence software for autonomous driving applications, has announced raising $26 million in Series B funding. The funding will help the company serve its growing customer bases, and accelerate product expansion of its highly scalable approach to autonomous driving software.

“Helm.ai is taking a leading position in autonomous driving via their vision-first unsupervised learning approach to ADAS [advanced driver assistance software] and L4 [Level 4], in addition to a wide variety of robotics and automation markets,” said Sheel Tyle of Amplo, which led the funding round. “We’re excited to see the many applications made possible by Helm.ai.”

Unlike traditional deep learning systems, Helm.ai’s Deep Teaching unsupervised learning technology leverages mathematical modeling to quickly and cost-effectively train on large scale datasets with little to no human intervention, leading to state-of-the-art accuracy on several automotive compute platforms. 

“This Series B funding enables Helm.ai to further our mission of developing cutting-edge artificial intelligence software and applying it to self-driving cars and the automation of robotics at large,” said Vlad Voroninski, CEO of Helm.ai. “We are well positioned at this stage to expand our product line and continue to deliver market-leading ADAS and L4 solutions to OEMs and fleets, as well as to form additional partnerships with Tier 1s, sensor, and chip companies.”

Additional funding in this round came from JM Partners, Base Capital Funding, and Freeman Group, as well as from Nicolas Berggruen, ACVC Partners, OneWay Ventures, Binnacle Partners, Nadia Asoyan, Vlad Tenev, Mark Leslie, Jeff Rothschild, and Neil King. The company said it has raised a total of $44 million in funding.

For more information on the company and its technologies, visit the Helm.ai website here.


Robotics World News

  • Raise Robotics Raises $2.2M in Seed Round Funding

    Raise Robotics Raises $2.2M in Seed Round Funding

    Raise Robotics, which develops robotic equipment for construction sites, has announced it raised $2.2 million in a pre-seed funding round (reported by Construction Dive). The company is currently providing fenestration and mass timber contractors with semi-autonomous equipment that completes bracket layout, installment and verification four times faster than standard methods. “Our mission at Raise is… Read More…

  • Scythe Robotics Raises $42M for Commercial Autonomous Mower

    Scythe Robotics Raises $42M for Commercial Autonomous Mower

    Colorado-based Scythe Robotics, which develops advanced commercial-grade autonomous systems for professional landscapers, has announced it raised $42 million in Series B funding. The company said it will use the funding to help meet demand for more than 7,500 reservations for its fully electric, fully autonomous M.52 mower. With the latest financing, Scythe Robotics has raised… Read More…


Products for Robots & Cobots

  • Celera Motion Introduces the World’s Smallest Servo Drives

    Celera Motion Introduces the World’s Smallest Servo Drives

    Celera Motion, a business unit of Novanta Inc., announced the launch of two of the world’s smallest servo drives, the Denali Series. Denali is the latest addition to Celera Motion’s line of premium-performance Ingenia servo drives. Denali offers hardware architecture as well as optimized power management, with a minimum standby power consumption of down to 1.2 W. The servo drives… Read More…

  • Heiland Electronics Introduces Mini I/O Connectors for Fast Speeds and Easy Field Installs

    Heiland Electronics Introduces Mini I/O Connectors for Fast Speeds and Easy Field Installs

    Heilind Electronics, a leading global distributor of electronic components and authorized distributor for TE Connectivity, offers the Mini I/O Cat6A connector as part of its full line of TE ethernet products. TE Industrial’s Mini I/O connectors eliminate the need for special tools to create a fast and secure wire-to-wire or wire-to-board connection. The mini I/O… Read More…