Self-driving company Aurora raises Series A in a round co-led by Greylock Partners and Index Ventures, bringing the combined capital invested in the company to $90M. Mike Volpi explains what sets Aurora apart.
We believe that Aurora and the technology it is building will bring about renaissance in the transportation industry – a return to the days when cars were the cutting edge, and when getting from A to B was something to be enjoyed.
Autonomous vehicles will have a deep impact on our society, completely re-shaping our infrastructure as we know it. Technology is Aurora’s third area of distinction. When humans drive, we use multiple modes of perception. Our ears, eyes, and even proprioception – the feeling of our body in space – all go into constructing an intuitive understanding of a situation. Similarly, Aurora uses a combination of camera, radar and LiDAR – radar with light – to build a rich, 3D map of the world. There are companies that do slices of each of these things, but few, if any, wrap them all into a single, integrated system.
Published — Feb. 28, 2018