in the News

Robert Bosch Venture Capital invests in DeepMap, innovative mapping company for autonomous vehicles

August 14, 2018

Stuttgart, Germany – Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has completed an investment in DeepMap Inc, a US start-up based in Palo Alto, California. DeepMap is a software company focused on solving the mapping and localization challenge for autonomous vehicles. “Maps explicitly designed to be read by machines are a critical enabling technology for safe autonomy. DeepMap fills a vacuum in the market. The company’s approach to mapping, which leverages embedded software on the vehicle, is very compelling and relevant for highly automated as well as autonomous driving, within Bosch and the whole automotive industry,” says RBVC Managing Director Dr. Ingo Ramesohl. “DeepMap builds upon the growing RBVC portfolio of technologies addressing the autonomous vehicle vertical, next to start-ups like AImotive and Tetravue.”

VIEW SOURCE ARTICLE...