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aiMotive

aimotive.com

Founded Year

2015

Stage

Acquired | Acquired

Total Raised

$94.5M

About aiMotive

aiMotive is an automotive technology company that offers level-agnostic automated driving solutions. It provides an integrated portfolio of software, tools, and hardware products complemented by proprietary data management tools, enabling customers to develop and deploy production automated driving features that combine in-house expertise with aiMotive modular capabilities. aiMotive was formerly known as AdasWorks. The company was founded in 2015 and is based in Budapest, Hungary. In November 2022, aiMotive was acquired by Stellantis. The terms of the transaction were not disclosed.

Headquarters Location

Szépvölgyi út. 18-22

Budapest, 1025,

Hungary

+36 (1) 7707 201

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Expert Collections containing aiMotive

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

aiMotive is included in 4 Expert Collections, including Digital Health.

D

Digital Health

8,838 items

Startups recreating how healthcare is delivered

A

Auto & Mobility Tech

1,497 items

Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.

C

Conference Exhibitors

6,062 items

Companies that will be exhibiting at CES 2018

A

Artificial Intelligence

9,442 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

aiMotive Patents

aiMotive has filed 1 patent.

The 3 most popular patent topics include:

  • Computer vision
  • Image processing
  • Autonomous cars
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/9/2019

10/11/2022

Parallel computing, Artificial neural networks, Machine learning, Embedded systems, Supercomputers

Grant

Application Date

4/9/2019

Grant Date

10/11/2022

Title

Related Topics

Parallel computing, Artificial neural networks, Machine learning, Embedded systems, Supercomputers

Status

Grant

Latest aiMotive News

Baker McKenzie Advises Szechenyi Funds and Lead Ventures on Exit from aiMotive

Nov 30, 2022

Details Details Details Default Helvetica Segoe Georgia Times Share This Baker McKenzie has advised the Szechenyi Funds and Lead Ventures on the sale of their shares in aiMotive to Stellantis in a transaction that saw Stellantis acquire aiMotive. Dentons reportedly advised Stellantis. "Stellantis is an automotive manufacturing corporation that aims to enhance its artificial intelligence and autonomous driving core technology with the acquisition of aiMotive, a startup company based in Budapest, Hungary, with offices in Germany, the US, and Japan, with over 200 highly skilled employees worldwide," Baker McKenzie informed. According to the firm, "aiMotive will operate as a subsidiary of Stellantis, maintaining its operational independence and start-up culture. It will continue selling three areas of its current technology product portfolio, including aiData, aiSim, and aiWare, to other partners." Baker McKenzie’s team was led by Budapest-based Managing Partner Akos Fehervary and Munich-based Counsel Tino Marz. Hungary Knowledge Partner Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate. The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners. Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York. The firm advises a broad range of clients, including numerous multinational corporations. Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication. Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide. The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

aiMotive Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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aiMotive Rank

aiMotive Frequently Asked Questions (FAQ)

  • When was aiMotive founded?

    aiMotive was founded in 2015.

  • Where is aiMotive's headquarters?

    aiMotive's headquarters is located at Szépvölgyi út. 18-22, Budapest.

  • What is aiMotive's latest funding round?

    aiMotive's latest funding round is Acquired.

  • How much did aiMotive raise?

    aiMotive raised a total of $94.5M.

  • Who are the investors of aiMotive?

    Investors of aiMotive include Stellantis, Inventure, Draper Associates, Robert Bosch Venture Capital, Prime Ventures and 10 more.

  • Who are aiMotive's competitors?

    Competitors of aiMotive include HoloMatic, Quanergy Systems, Argo AI, Mobileye, Wayve, iMotion.ai, Cruise Automation, Sensible4, Enjoy Move, Tier IV and 35 more.

Compare aiMotive to Competitors

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Cruise Automation

Cruise Automation makes automated driving technology. Cruise has built a highway autopilot system that installs on existing vehicles. It uses sensors and machine vision technology to keep users in their lane and a safe distance from the car in front of them. The company was founded in 2013 and is based in San Francisco, California.On March 20th, 2022, General Motors acquired a majority stake in Cruise Automation at a valuation between $19B to $30B.

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Wayve

Wayve develops autonomous driving systems using artificial intelligence and machine learning. It focuses on building a data-driven learned driver that can scale, adapt and generalize its driving intelligence. The company was founded in 2017 and is based in London, U.K.

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Pony.ai

Pony.ai is a late-stage technology firm that aims to build autonomous driving solutions. Pony.ai's fully self-developed software algorithms and infrastructure enable vehicles to perceive their surroundings, predict what others will do, and maneuver themselves accordingly. The firm primarily serves automotive companies. It was founded in 2016 and is based in Fremont, California.

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Motional

Motional is an autonomous vehicle company making self-driving vehicles a safe, reliable, and accessible reality. Motional is a joint venture between Hyundai Motor Group, one of the world's largest vehicle manufacturers and Aptiv, a global technology leader in advanced safety, electrification, and vehicle connectivity.

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Momenta

Momenta is building the “brain” for autonomous vehicles. The company's deep learning-based software in perception, HD Map, and data-driven path planning enables the realization of full autonomy. Momenta pursue a two-leg strategy of autonomous driving for mass-production passenger vehicles (Mpilot) and full autonomy (MSD) for mobility service vehicles. Momenta focuses on partnering with existing automakers to use their vehicles as platforms for its equipment and software and to tap into their stores of data.

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