Inverted AI Secures $4 Million in Institutional Funding to Drive Advancements in AV/ADAS Development
December 19, 2023
Inverted AI, a leading generative AI company specializing in AV/ADAS development, proudly announces the successful completion of its institutional early stage financing round, securing over $4 million USD. The funding, spearheaded by Yaletown Partners and joined by strategic investors including Blue Titan Ventures, Dasein Capital, Inovia Capital, Defined, and WUTIF, positions Inverted AI for accelerated growth and expansion of its groundbreaking product offerings.
The substantial investment will empower Inverted AI to enhance its product line, particularly focusing on advancing its Imagining the Road Ahead (ITRA) technology. As a trailblazer in providing behavioral models for safe autonomous solutions, including Advanced Driver Assistance Systems (ADAS), autonomous vehicles, and robots, Inverted AI’s ITRA technology allows for extended and intricate simulation scenarios. These simulations effectively test ADAS and AV systems against a comprehensive range of behaviors exhibited by human road users, ensuring the safety of these systems while streamlining development processes.
Frank Wood, CEO of Inverted AI, expressed gratitude for Yaletown’s leadership and technological expertise, emphasizing their crucial role in the company’s scalability. With a track record of investing in over 75 technology-driven companies across North America and a total enterprise value exposure exceeding $10 billion, we recognize the transformative potential of generative AI in advancing adaptive systems.
“Inverted AI’s predictive human behavioral models bring realism to simulation through extensive video data analysis, resulting in simulations with reactive, diverse, and realistic non-playable characters (NPCs) across various vehicle classes and pedestrians,” stated Wood.
Inverted AI currently provides API access to DRIVE, featuring human-like NPC driving behaviors, and INITIALIZE, offering realistic and diverse agent placements. The company is also beta testing new products such as BLAME, capable of automatically determining collision causes from logs, and SCENARIO, facilitating whole-scene scenario generation with diverse and realistic agents, including pedestrians, bikes, cars, buses, and lights.
In a recent development, Inverted AI launched a new website featuring an interactive API demo and the opportunity for researchers and developers to sign up for a trial API key.
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About Inverted AI
Inverted AI specializes in generative AI for human behavior, striving to create AI agents that emulate human actions. The company provides state-of-the-art predictive human behavioral models derived from extensive video data. These models are transferred into simulated environments, driving human-like NPCs with statistical accuracy in reactivity, realism, and diversity. Inverted AI’s innovative approach accelerates autonomous and ADAS development, leveraging the power of artificial intelligence and computer vision to significantly expedite the development process. For more information, visit Inverted AI.
