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Eatron, which makes ‘intelligent automotive software’, raises $11M Series A led by MMC

TechCrunch

So, the more this embedded automotive software is de-coupled from the underlying electronic hardware, the more this optimization can take place, and the more efficient vehicles can become. This has the effect of increasing supplier choice for OEMs and reducing cost, risks and time to market, says the company.

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Kneron releases its first automotive-grade chip for ADAS and AV systems

TechCrunch

Kneron has launched its first automotive-grade chip — fueled by funds from Foxconn, Alibaba, Sequoia, Horizons Ventures, and Qualcomm — that it says could revolutionize the path to vehicle autonomy. With the new chip, the Kneron KL530, the startup is looking to take a greater share of the automotive market.

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Automotive simulation platform Morai secures $20.8M Series B to expand its global footprint

TechCrunch

Morai , which provides autonomous vehicle developers with automotive simulation tools to verify the safety and reliability of self-driving systems, announced today it has raised $20.8 As a result, users can test an AV driver against myriad simulation environments, regardless of the hardware they operate on. .

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FPGA startup Rapid Silicon lands $15M to bring its first chip to market

TechCrunch

The global FPGA market size could reach $14 billion by 2028, according to one estimate, up from $6 billion in 2021. Launched in 2021, the goal with Rapid Silicon is to promote, adopt and implement open source tech to address the low- to mid-range FPGA market, according to CEO and co-founder Naveed Sherwani.

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3 views on CES 2022

TechCrunch

For fifty-four years, big and small hardware manufacturers that hoped to reach their target audiences rolled out new products at the Consumer Electronics Show. Brian Heater: Hardware startups should reconsider their media strategies. Kristin Korosec: CES hasn’t lost its automotive luster. Fill that vacuum.”

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Automotive Connectivity Presents New Challenges and Opportunities for OEMs

Perficient

So much of the automotive industry is now about computers, sensors, cameras, and replacing the old school engines. Automotive companies are truly mobility companies today and that will continue going forward. OEMs are shifting from hardware to software, and that is going to revolutionize their industry.

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Immensa, a MENA-based additive manufacturing and digital inventory platform, raises $20 million 

TechCrunch

The global energy spare parts market is valued at over $90 billion, with the Middle East representing about 35% of this sector. This sector remains largely untapped by existing additive manufacturing and digital inventory platforms that have spread footprints across medical, aviation, automotive and jewelry industries.