Enterprise

Annotell raises $24M for tech that tests autonomous vehicle perception systems to improve how they work

Comment

Smart car (HUD) , Autonomous self-driving mode vehicle on metro city road iot concept with graphic sensor radar signal system and internet sensor connect.
Image Credits: Jae Young Ju (opens in a new window) / Getty Images

As the automotive industry inches slowly ahead on the road to self-driving vehicles, we’re seeing the emergence of startups aiming to fill in some of the technical gaps in autonomous systems as they exist today. In the latest development, Annotell, a startup out of Sweden that makes software to assess the performance of autonomous systems’ perception capabilities, and how to improve that, is today announcing that it has raised $24 million to expand its business.

Daniel Langkilde, the co-founder and CEO of Annotell, likens what the company does to “a vision exam for cars, for them to get their drivers license, just like you might take a test to determine if you are fit for driving,” he said in an interview. “Annotell’s platform helps you understand the system’s performance and raise it. We guide our customers on how to improve it.” That is to say, Annotell’s products encompass analytics that test and measure the quality of a company’s data, and “ground-truth” production to improve those data sets.

The aim, he added, is not perfection but predictability, just as important for the semi-autonomous platforms (e.g. advanced driver assistance systems) that exist already today as for the fully autonomous cars that many are hoping to build for the future. “The system may not always be right, but you need to know what it can or can’t do, in order to use the system safely.”

The Series A round is being co-led by Metaplanet — the Estonian VC headed by the co-founder of Skype Jaan Tallinn that most recently also invested in Starship Technologies and was an early backer of Google-acquired DeepMind — and NordicNinja — a Japanese-backed deep tech investor. Previous backers Ernström & Co and Sessan AB also participated. Gothenburg-based Annotell has now raised $31 million, and it’s not disclosing valuation, but for some context, its customers include a number of the world’s biggest carmakers, their main suppliers and the big pure-play self-driving car companies.

The gap in the market that Annotell is looking to fill is a pretty critical one: Autonomous systems are built on huge troves of driving data and machine learning used to process that information to “teach” those platforms the basics of driving.

Using computer vision, those systems in turn can recognize red lights, or a stopping car, or when to make a turn, and so on. The problem is that these systems’ responses are based on the data that they have been fed. Autonomous systems typically can’t “reason” and make the leap to decide how to respond to an unknown variable, such as those that a vehicle will inevitably encounter in the real world.

“Machine learning is bad at processing rare but important things,” Langkilde said.

Langkilde who co-founded Annotell with Oscar Petersson — both are physicists who specialize in deep learning — said he encountered that problem when he previously worked at a different company, the threat intelligence startup Recorded Future, where he was tasked with gathering intelligence data to feed and teach the platform to better identify threats. Malicious hackers are precisely focused on finding gaps to create vulnerabilities, and that effectively upended a lot of the work his team would do to identify patterns to mitigate future attacks.

“It highlighted the limitations to me of brute force machine learning when you are doing mission-critical work,” he said.

Autonomous driving systems face much of the same issue, but it’s even more critical to get right, not least because there are lives at stake if something goes wrong. This also brings in more levels of safety and control that companies need to pass through to bring their products to market, and get consumers to trust and subsequently buy and use them.

“For people to trust machine learning and AI we have to take safety very seriously,” he said. “There is a huge difference between making the wrong recommendation on a film service and running a stop sign or running into someone. We also take that seriously. That’s why we wanted to focus on the problem.” The extra layers of safety regulation, meanwhile, also point to specific use cases and market opportunities for Annotell: It’s not just about improving systems for its customers, but creating a body of data that agencies and regulators can also rely on to give a particular product the clearance to be used.

The battle for voice recognition inside vehicles is heating up

Annotell’s approach to complementing what machine learning can teach systems is as progressive as autonomous systems are today: in part it tests and formalizes the limitations of systems that by their nature are not designed to be fully autonomous (these are the systems we have today to assist, not replace, drivers). Over time, he said, fully autonomous might also incorporate other kinds of AI approaches, such as the Bayesian Networks that are used to build causal inference algorithms. (A causal AI startup we covered last week was more dramatic, claiming that causal AI was the only hope for self-driving to become a reality, although even then it’s a big leap and will take a lot of time to come to fruition.)

For now, though, the startup is focusing its tech on safety of systems with any degree of autonomy already built in, a massive opportunity.

“Ensuring safety is the main constraint when it comes to commercial deployment of autonomous vehicles, and Annotell has made great progress in a short period of time,” said Jaan Tallinn of Metaplanet, in a statement. “We’re impressed by their software as well as the team that built it and we’re thrilled to be with them on this journey.”

More TechCrunch

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday.  The trustee is asking…

A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’

U.K.-based Seraphim Space is spinning up its 13th accelerator program, with nine participating companies working on a range of tech from propulsion to in-space manufacturing and space situational awareness. The…

Seraphim’s latest space accelerator welcomes nine companies

OpenAI has reached a deal with Reddit to use the social news site’s data for training AI models. In a blog post on OpenAI’s press relations site, the company said…

OpenAI inks deal to train AI on Reddit data

X users will now be able to discover posts from new Communities that are trending directly from an Explore tab within the section.

X pushes more users to Communities

For Mark Zuckerberg’s 40th birthday, his wife got him a photoshoot. Zuckerberg gives the camera a sly smile as he sits amid a carefully crafted re-creation of his childhood bedroom.…

Mark Zuckerberg’s makeover: Midlife crisis or carefully crafted rebrand?

Strava announced a slew of features, including AI to weed out leaderboard cheats, a new ‘family’ subscription plan, dark mode and more.

Strava taps AI to weed out leaderboard cheats, unveils ‘family’ plan, dark mode and more

We all fall down sometimes. Astronauts are no exception. You need to be in peak physical condition for space travel, but bulky space suits and lower gravity levels can be…

Astronauts fall over. Robotic limbs can help them back up.

Microsoft will launch its custom Cobalt 100 chips to customers as a public preview at its Build conference next week, TechCrunch has learned. In an analyst briefing ahead of Build,…

Microsoft’s custom Cobalt chips will come to Azure next week

What a wild week for transportation news! It was a smorgasbord of news that seemed to touch every sector and theme in transportation.

Tesla keeps cutting jobs and the feds probe Waymo

Sony Music Group has sent letters to more than 700 tech companies and music streaming services to warn them not to use its music to train AI without explicit permission.…

Sony Music warns tech companies over ‘unauthorized’ use of its content to train AI

Winston Chi, Butter’s founder and CEO, told TechCrunch that “most parties, including our investors and us, are making money” from the exit.

GrubMarket buys Butter to give its food distribution tech an AI boost

The investor lawsuit is related to Bolt securing a $30 million personal loan to Ryan Breslow, which was later defaulted on.

Bolt founder Ryan Breslow wants to settle an investor lawsuit by returning $37 million worth of shares

Meta, the parent company of Facebook, launched an enterprise version of the prominent social network in 2015. It always seemed like a stretch for a company built on a consumer…

With the end of Workplace, it’s fair to wonder if Meta was ever serious about the enterprise

X, formerly Twitter, turned TweetDeck into X Pro and pushed it behind a paywall. But there is a new column-based social media tool in town, and it’s from Instagram Threads.…

Meta Threads is testing pinned columns on the web, similar to the old TweetDeck

As part of 2024’s Accessibility Awareness Day, Google is showing off some updates to Android that should be useful to folks with mobility or vision impairments. Project Gameface allows gamers…

Google expands hands-free and eyes-free interfaces on Android

A hacker listed the data allegedly breached from Samco on a known cybercrime forum.

Hacker claims theft of India’s Samco account data

A top European privacy watchdog is investigating following the recent breaches of Dell customers’ personal information, TechCrunch has learned.  Ireland’s Data Protection Commission (DPC) deputy commissioner Graham Doyle confirmed to…

Ireland privacy watchdog confirms Dell data breach investigation

Ampere and Qualcomm aren’t the most obvious of partners. Both, after all, offer Arm-based chips for running data center servers (though Qualcomm’s largest market remains mobile). But as the two…

Ampere teams up with Qualcomm to launch an Arm-based AI server

At Google’s I/O developer conference, the company made its case to developers — and to some extent, consumers — why its bets on AI are ahead of rivals. At the…

Google I/O was an AI evolution, not a revolution

TechCrunch Disrupt has always been the ultimate convergence point for all things startup and tech. In the bustling world of innovation, it serves as the “big top” tent, where entrepreneurs,…

Meet the Magnificent Six: A tour of the stages at Disrupt 2024

There’s apparently a lot of demand for an on-demand handyperson. Khosla Ventures and Pear VC have just tripled down on their investment in Honey Homes, which offers up a dedicated…

Khosla Ventures, Pear VC triple down on Honey Homes, a smart way to hire a handyman

TikTok is testing the ability for users to upload 60-minute videos, the company confirmed to TechCrunch on Thursday. The feature is available to a limited group of users in select…

TikTok tests 60-minute video uploads as it continues to take on YouTube

Flock Safety is a multibillion-dollar startup that’s got eyes everywhere. As of Wednesday, with the company’s new Solar Condor cameras, those eyes are solar-powered and use wireless 5G networks to…

Flock Safety’s solar-powered cameras could make surveillance more widespread

Since he was very young, Bar Mor knew that he would inevitably do something with real estate. His family was involved in all types of real estate projects, from ground-up…

Agora raises $34M Series B to keep building the Carta for real estate

Poshmark, the social commerce site that lets people buy and sell new and used items to each other, launched a paid marketing tool on Thursday, giving sellers the ability to…

Poshmark’s ‘Promoted Closet’ tool lets sellers boost all their listings at once

Google is launching a Gemini add-on for educational institutes through Google Workspace.

Google adds Gemini to its Education suite

More money for the generative AI boom: Y Combinator-backed developer infrastructure startup Recall.ai announced Thursday it has raised a $10 million Series A funding round, bringing its total raised to over…

YC-backed Recall.ai gets $10M Series A to help companies use virtual meeting data

Engineers Adam Keating and Jeremy Andrews were tired of using spreadsheets and screenshots to collab with teammates — so they launched a startup, CoLab, to build a better way. The…

CoLab’s collaborative tools for engineers line up $21M in new funding

Reddit announced on Wednesday that it is reintroducing its awards system after shutting down the program last year. The company said that most of the mechanisms related to awards will…

Reddit reintroduces its awards system

Sigma Computing, a startup building a range of data analytics and business intelligence tools, has raised $200 million in a fresh VC round.

Sigma is building a suite of collaborative data analytics tools