Ghost, an autonomous driving startup based in California, recently closed its $100M Series D funding round. With this funding, Ghost is looking to develop innovative crash prevention technology to improve the safety of driverless cars.
This new round of funding will also play an important role in helping Ghost progress in the autonomous driving industry.
In this article, we’ll discuss the implications of this funding round and how it will shape the future of autonomous driving.
Overview of Ghost’s new funding round
Ghost, a startup focused on developing autonomous driving technology, recently announced a new round of funding that exceeded its initial expectations. This brings the total amount raised by the company so far to $200 million. The money will fuel Ghost’s growth efforts in an increasingly competitive self-driving car market.
The latest funding round was led by Alumni Ventures Group. It included strategic investments from some of the world’s leading automotive OEMs, suppliers and tech companies, such as Volvo Cars, Hyundai Motor Company and Aptiv. Collectively, these investors offer Ghost exposure to unique insights into vehicle autonomy and help make it a leader in its field.
This latest funding round will likely have significant implications for the future of autonomous driving technology. With approximately $200 million in investments behind it, Ghost can now push forward with research & development (R&D), reduce operational costs while increasing safety reliability testing and invest more aggressively in vehicle management systems – all of which are essential insights for the proliferation of autonomous driving technology around the world.
With this new injection of funds, it is clear that Ghost is well positioned to succeed as one of the most successful self-driving companies out there. Already an established leader in autonomy solutions, this latest investment should propel Ghost’s ambitions even further during 2021 and beyond!
Autonomous Driving
Ghost recently announced a $100M Series D round to accelerate the development of their autonomous driving and crash prevention technology. This investment further strengthens Ghost’s competitive advantage as a leader in the autonomous driving space. It’s a clear sign that the self-driving vehicle market is growing and Ghost is at the forefront of the industry.
Let’s explore the implications of this new funding round for the future of autonomous driving.
How Ghost’s technology works
Ghost, a self-driving startup recently announced a successful funding round that opened possibilities for the future of autonomous driving. Although Ghost is still in the “beta” phase, they have already accumulated thousands of miles on public roads in California. They are working to scale their technology to more widespread use.
So how exactly does Ghost’s autonomous driving technology work? It can all be broken down into 4 main components: camera & perceptual stack, mapping, path planning & trajectory optimization and control systems.
1. The camera & perceptual stack consists of visual sensors (cameras) that the autonomous car uses to grapple with its environment. This is done by quickly and accurately detecting and classifying objects around it such as other vehicles, cyclists or pedestrians.
2. The mapping part of the system involves acquiring real world data from the cameras and building an internal map which will then enable higher-level decisions like planning paths to particular destinations or locations within an area while avoiding any traffic or pedestrian hazards along the way.
3. Path planning & trajectory optimization uses information collected by Ghost’s sensors to figure out a path with the least obstacles encountered while following navigation directives such as route preferences, speed limits etc then optimising it so that it’s as efficient possible in terms of time and energy consumption by using powerful algorithms managing motion planning workloads projected into 3D space with computational geometry frameworks like OpenPlanner Robots or DeckGFT MotionPlanner Pro.
4. Control systems are designed to keep track of changes in terrain settings on-the-go (potholes, debris etc). It also helps avoid erroneous behaviour from driverless systems by ascertaining safety norms in different terrains along with accurate functioning of brakes and other control elements when approaching points of interest or navigation goals within a wide scope for situations where sudden adjustment is needed according to unexpected events occurring on-road scenarios like when an object suddenly appears in front of it or obstructs its path for instance a rolling tire at fast speed -it needs to adjust accordingly even if there was no prior warning due this change thus necessitating user input from safety drivers operating remotely who can intervene if needed ensuring safe transport services at all times without fail without any mishaps like crashes due human error while operating under autonomous mode someplace else away from where actual driving takes place just handling danger manoeuvres when manual intervention’s required attention turning what originally may seem jobs too complex for manual operation into processes made simple via modern day technology advancements making our streets safer than ever before!
What the new funding will allow Ghost to do
Ghost, an autonomous vehicle technology startup, announced a new funding round of $15 million which it aims to use to further its development and testing of autonomous software. This brings their total funding to $25 million and signals the arrival of cars on the road operated completely by Ghost’s autonomous driving software shortly.
The new funding will allow Ghost to accelerate its timeline for producing a working commercial product. Specific uses for the money include increasing their ability to collect data on car behaviour to improve their neural network learning models, expanding into other markets across Europe, Asia, and North America as well as extending existing partnerships with automotive OEMs and Tier-1 suppliers through direct investments in hardware prototyping and design initiatives.
This investment will also enable them to invest in research and development of artificial intelligence (AI) enabled features such as lane keeping assist, adaptive cruise control and fully automated highways, allowing consumers a greater choice over how much or how little control to take over driving themselves. Apart from cost savings for GHOST itself on research & development costs, it also shows the company’s commitment towards making roads safer by implementing advanced autonomous technology that mimics human behaviour while driving vehicles. Finally, with this injection of cash, they will expand its engineering team at their silicon valley headquarters while exploring additional customer opportunities such as trucking fleets or public transportation applications among others.
Ghost raises $100M Series D for autonomous driving and crash prevention tech
Ghost, a leading autonomous driving and crash prevention technology company, just closed a $100 million Series D funding round. This investment will allow Ghost to develop and explore the potential of its crash prevention tech, paving the way for the future of safer driving.
This article looks at the technology itself and its implications for the industry.
How Ghost’s technology works
Ghost is a startup that focuses on autonomous driving technology for cars. Its mission is to give drivers safer and more reliable transportation using crash prevention technology. Ghost’s crash prevention technology uses the power of artificial intelligence, machine learning, and deep learning to finely tune the algorithms that perceive and respond to obstacles in real-time.
By combining several sensing technologies such as LiDAR (Light Detection And Ranging), cameras, radar, infrared sensors, and image processing techniques, Ghost’s algorithms can detect oncoming objects accurately based on their size, shape, and distance and speed. The data collected are then used to create a 3D model of the environment, fed into Ghost’s autonomous driving stack responsible for rapid decision-making during the split second before an imminent collision. This helps eliminate any possible human errors during potentially dangerous situations, increasing safety while reducing costs associated with liability claims.
Using this state-of-the-art technology, Ghost’s autonomous vehicles have responded quickly in difficult environmental conditions with very few false positives or false negatives. With its successful series B funding round under its belt, Ghost looks forward to expanding its reach beyond Europe into North America where it can help save more lives through its innovative crash prevention systems.
What the new funding will allow Ghost to do
The new investment will help Ghost, a startup focusing on crash prevention technology, accelerate the development and deployment of its cutting-edge products. With more capital and resources, Ghost will expand its scalability and access to more data by increasing their presence in the independent automotive industry. Their goal is to provide consumers safe, affordable autonomous driving solutions worldwide.
The new funding round comes at a critical time for the automotive industry, as it shifts its focus from traditional vehicles towards self-driving cars. Ghost’s advanced technologies are already improving safety standards across all vehicles today.
With this new funding, Ghost will be able to make a larger impact with its technologies by introducing novel aspects like Human Modeling – which uses a personalised approach for predicting driver behaviour in any given situation – as well as AI-based object identification for recognizing physical objects in real-time during autonomous driving. AI-based systems are notoriously expensive and difficult to get right – advances from Ghost will make these systems easier to integrate into cars in the future.
Ghost’s technology aims to reduce stress levels while driving by automatically managing tasks like lane keeping and blind spot detection under all conditions, adding both convenience and safety benefits for consumers using autonomous vehicles today and down the road. Additionally, with future advancements in Crash Prevention Technology coupled with further advancements being made continuously toward autonomy levels 4 & 5 – near fully automated driving – Ghost will provide a necessary backbone for those autonomous capabilities too.
Future of Autonomous Driving
Autonomous driving is at the forefront of technological advances transforming the transportation industry. Recently, Ghost announced a $100 million Series D funding round for its autonomous driving and crash prevention technology. This is an exciting development for the future of autonomous driving and will surely help this innovative technology’s growth.
This article will explore the implications of this funding round and what it means for the future of autonomous driving.
What the future holds for Ghost
Ghost, a software engineering startup focused on developing autonomous driving solutions, recently announced the closing of its latest funding round. The round was backed by an impressive group of venture firms led by Malcolm Fraser Ventures. This new funding is expected to catalyse the company’s continued effort to bring autonomous and intelligent vehicles onto public roads.
The team at Ghost plans to use this newly acquired capital to further develop its software platform that utilises artificial intelligence and machine learning technologies, allowing it to recognize objects in real-time. In addition to increasing object recognition accuracy, Ghost will also be making advancements in decision-making algorithms and expanding their portfolio of safety features.
In addition, Ghost plans to use the new funds toward international expansion efforts, expanding their presence in markets around the world and increasing adoption of autonomous vehicles in emerging markets. The company is developing strategic partnerships with automotive companies in Europe, AsiaPacific, North America, and Latin America.
With all this said, it’s clear that Ghost has big ambitions for what they plan to do with the additional funds. The future for Ghost looks very promising as they continue to strive towards pushing the boundaries of self-driving technology across various geographic regions globally.
What the new funding will allow Ghost to do
The funding round announced this week by autonomous vehicle technology startup Ghost is expected to help the company push forward with their ambitions in the sector. With a total investment of over $100 million from venture capital firm Venrock and other key investors, Ghost has now reached unicorn status as it became a billion-dollar company.
This new cash injection will allow Ghost to move quickly towards its goal of deploying true Level 4 autonomy on public roads, where all vehicles take responsibility for their movements and do not rely on driver input. This technology would reduce traffic congestion and provide valuable insights into how cities work, helping planners better understand the nature of their infrastructure.
The additional funding will also allow Ghost to expand its research and development, expanding its fleet of autonomous vehicles and further refining its artificial intelligence (AI) algorithms. AI systems are at the heart of all autonomous driving systems and being able to continue building up a larger data set will only speed up progress made by the company. Furthermore, advances in machine learning capabilities have provided new ways for their cars’ AI systems to learn new activities on the roadway.
By leveraging this additional financial support from key investors, Ghost should be able to continue its pioneering journey towards creating safer roads through autonomous vehicle technology.