Robert Bosch Venture Capital invests in DeepMap
DeepMap provides scalable mapping and centimeter-level real-time localization services for autonomous vehicles
Robert Bosch Venture Capital (RBVC), the corporate venture capital (CVC) subsidiary on Bosch, has completed an investment in DeepMap, a US-based start-up working on mapping and localization of autonomous vehicles, Bosch said in a press release on 14 August. “Maps explicitly designed to be read by machines are a critical enabling technology for safe autonomy,” said Dr. Ingo Ramesohl, managing director of RBVC. “The company’s approach to mapping, which leverages embedded software on the vehicle, is very compelling and relevant for highly automated as well as autonomous driving, within Bosch and the whole automotive industry,” Ramesohl said.
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