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SOFTWARE (NON-INTERNET/MOBILE) | Scientific, Engineering Software
carmera.com

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Founded Year

2015

Stage

Acquired | Acquired

Total Raised

$27.9M

About CARMERA

CARMERA provides real-time HD maps and navigation-critical data. It primarily serves the autonomous vehicle verticle, as well as professionals in architecture, construction, real estate, and other built environment segments.On July 14th, 2021, CARMERA was acquired by Woven Planet Holdings. The terms of the transaction were not disclosed.

CARMERA Headquarter Location

20 Jay Street Suite 312

Brooklyn, New York, 11201,

United States

Latest CARMERA News

Toyota banking on mobility technology for future growth

Sep 30, 2021

(Photo credit: Renovo Motors Inc.) TOKYO (AP) – Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc., a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving. The addition, announced Tuesday, follows the purchase earlier this year of CARMERA Inc., a U.S. venture that specializes in sophisticated road mapping updates made cheaper and faster by using crowdsourced information obtained from millions of net-connected Toyota vehicles. Renovo develops automotive operating systems, which Toyota Motor Corp. sees as essential for developing programmed vehicles so it can transition to what it calls “a mobility company” that includes more than just cars. Renovo means “new life” or “renew” in Latin. Renovo’s data-management platform enables automakers to continuously learn from their vehicles, using a so-called “complete loop” approach, so vehicles can become safer and more reliable. Advertisement “In Woven Planet and Toyota, we’ve found partners committed to doing exactly what we have always wanted to do, on a global scale, and that’s a great feeling,” said Renovo Chief Executive, Christopher Heiser. Woven Planet, Toyota’s wholly owned subsidiary, earlier acquired San Francisco-based Lyft’s self-driving division Level 5. Chief Executive James Kuffner said more acquisitions may be coming. “The big picture is Woven Planet creating a `dream team’ of software and vehicle engineering people globally to deliver the world’s programmable and safest mobility. That’s the context,” he told The Associated Press. “Always as an executive, you are trying to balance the speed and the growth versus the focus and maintaining company culture. The larger you grow, the risk is that you slow down,” he said. “We will keep growing, but we are going to be careful.” Kuffner declined comment on a recent accident at the Paralympics Athletes Village in Tokyo, when a Toyota bus equipped with automated driving technology bumped into a Paralympian athlete and injured him. The accident is still under investigation and may be an example of the kinds of hurdles to be overcome before the technology can be widely used on public roads. The bus isn’t approved for widespread use on public roads but was shuttling athletes and officials at the Village during the Tokyo Olympics and Paralympics. A human driver was on the vehicle as a safety precaution. President Akio Toyoda has apologized and promised improvements. Major automakers are working on various driving technologies. Vehicles of electric car maker Tesla Inc. equipped with its Autopilot driver-assist system have been in several crashes, including fatal ones, in the U.S. Some analysts say companies should avoid suggesting cars sold today with such technology can safely drive themselves. Woven Planet, known previously as Toyota Research Institute-Advanced Development, is working on technologies spanning “smart” cities, green energy and mobility solutions and robotics that are meant to eventually become consumer products, said Kuffner, who has worked on Google’s self-driving cars and robots at Boston Dynamics.

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Research containing CARMERA

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned CARMERA in 2 CB Insights research briefs, most recently on Jun 15, 2021.

Expert Collections containing CARMERA

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

CARMERA is included in 5 Expert Collections, including Construction Tech.

C

Construction Tech

576 items

Companies using technology to improve processes in the construction industry.

A

Auto Tech

913 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.

S

Smart Cities

1,349 items

A

Autonomous Driving Tech

391 items

Includes companies working on fully autonomous vehicles, full-stack self-driving solutions, and the components (such as perception software, sensor hardware, HD mapping, and simulation) that help train autonomous vehicles and guide them on the road.

A

Artificial Intelligence

7,394 items

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

CARMERA Patents

CARMERA has filed 3 patents.

The 3 most popular patent topics include:

  • Global Positioning System
  • Medical equipment manufacturers
  • Medical imaging
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/29/2021

Medical imaging, Ulmus, Medical equipment manufacturers, Road transport, Global Positioning System

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Related Topics

Medical imaging, Ulmus, Medical equipment manufacturers, Road transport, Global Positioning System

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Application

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CARMERA Web Traffic

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

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