DeepMap

DeepMap

An artificial intelligence company that has developed technology for mapping services specifically focused designed for autonomous vehicles. It was founded in 2016 and is based in Palo Alto, California.

About

DeepMap is developing high-definition (HD) mapping service for autonomous driving and isbacked by investors such as Accel, Andreessen Horowitz, and GSR Ventures. Its headquarters are in Palo Alto and it has offices in Beijing and Guangzhou, China as well. The company has partnered with Ford, Honda, SAIC Motor, Bosch, Daimler, and Einride to aid with researching the product in vehicles. It has also partnered with simulation and software companies to develop joint solutions for autonomous vehicles.

Product

The company offers high-definition maps with centimeter-level real-time localization. DeepMap simulates with real-world data, not models. They provide 3D landmark features as well as a full 3D environment with true LiDAR intensity and RGB values data for simulation tools.The map services are available on the DeepMap Cloud Platform and updates on the maps are provided via Over The Air (OTA) software.To utilize the company's maps, customers can choose their own in-vehicle hardware for services such as localization, sensor calibration, data recording, and change detection.

Timeline

May 6, 2020
DeepMap is named as a 'Soonicorn' by Tracxn.

The company is named as an emerging startup for autonomous vehicles.

March 2019
StartUs Insights names DeepMap as one of top 5 Autonomous Vehicle Startups.
November 1, 2018
DeepMap raises a $60,000,000 series B round from Accel, GSR Ventures, Generation Investment Management, Robert Bosch Venture Capital, Nvidia GPU Ventures and Andreessen Horowitz.
May 2017
DeepMap raises a $25,000,000 series A round from Andreessen Horowitz, Accel Partners and GSR Ventures.
May 1, 2016
DeepMap raises a $7,000,000 seed round from Andreessen Horowitz, GSR Ventures and iSeed Ventures.
April 2016
DeepMap is founded.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
DeepMap Series B round, November 2018
60,000,000
November 1, 2018
3 Results
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DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

Ingrid Lunden

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January 24, 2019

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