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CARMERA

carmera.com

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.

Headquarters Location

20 Jay Street Suite 312

Brooklyn, New York, 11201,

United States

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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 4 Expert Collections, including Construction Tech.

C

Construction Tech

861 items

Companies using technology to improve processes in the construction industry.

A

Auto Tech

2,023 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

2,078 items

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.

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

5/31/2018

Medical imaging, Medical equipment manufacturers, Road transport, Global Positioning System, Automotive technology tradenames

Application

Application Date

5/31/2018

Grant Date

Title

Related Topics

Medical imaging, Medical equipment manufacturers, Road transport, Global Positioning System, Automotive technology tradenames

Status

Application

Latest CARMERA News

Growing Confluence of Geospatial with IT Majors, Chipmakers

Apr 6, 2022

Growing Confluence of Geospatial with IT Majors, Chipmakers As governments mull over autonomous vehicle laws and safety regulations, companies race against each other to reach full autonomy and deploy their vehicles. There’s another interesting trend taking place in this sector – the convergence of automakers, chipmakers, and geospatial/ mapping companies to add value and develop innovative solutions. Nvidia recently launched an autonomous vehicle platform that will provide ground coverage of lakhs of miles in North America that would be available by 2024, as per the CEO Jensen Huang. The Drive Map would be added to Nvidia’s current autonomous offerings. While it’s natural for chipmakers to focus on the mobility sector and upgrade their solutions, as the automobile sector is among their biggest markets, the silos of specialization are being broken as companies across sector look at diversification and developing cutting-edge R&D. To cater to customer expectations in the era of smart mobility and to stay buoyant in a disruptive marketplace, automakers are investing into HD mapping companies. On the road to autonomy, there seems to be a synergy between the three: automakers, IT majors and geospatial/ mapping companies. The last one is the crucial lynchpin. Acquisition Spree In July last year, Nvidia acquired DeepMap, an HD map startup, to bolster its autonomous vehicle capabilities. High quality localized maps that are updated real-time are at the core of the autonomy experience, enabling everything from lane detection, safer driving, and pinpointing hurdles ahead. “DeepMap is expected to extend our mapping products, help us scale worldwide map operations and expand our full self-driving expertise.”, said Nvidia VP Ali Kani during the acquisition. The acquisition of Deep map played a pivotal role in the development of Drive Map, which merges Deepmap’s survey mapping data with crowdsourced data gathered from all vehicles that use Nvidia’s Hyperion – its flagship end-to-end, modular development platform and reference architecture for designing autonomous vehicles (AVs). Some of the biggest automakers such as Mercedes and Volvo use Nvidia’s Hyperion along with other companies like DeepRoute.ai. Around the same time as Nvidia, Woven Planet Holdings, a Toyota subsidiary for autonomous vehicle and mobility solutions development, acquired HD mapping company Carmera. Carmera also develops HD maps and ensures that they are updated real-time for accurate navigation. It can also be integrated on third-party maps. Collaborative competition Rapid tech advancements lead to reimagining of companies’ priorities, customers’ expectations, and market dynamics. The churn that takes place entails a lot of re-arrangements in the form of old companies reinventing themselves or joining hands with their rivals. With smart mobility and autonomous vehicles just a matter of time, not only are companies bucking up, but collaborating and expanding in newer ways. For instance, Audi, BMW, Daimler AG –the three big German automakers – jointly acquired HERE from Nokia. Interestingly, another stakeholder in HERE, known for its sophisticated HD maps, is Intel. Other 5% stake is owned by Continental and Bosch. Everyone wants a piece of the ever-expanding HD mapping pie, expected to cross $17 billion by 2030. The IT majors are not behind. Waymo, an autonomous vehicle company owned by Google, is developing HD maps, and conducting trials across USA. In China, a heavyweight contender in the ‘AI Race’, there’s a similar trend of multi-sectoral collaboration and partnerships. Baidu, often touted as China’s Google, joined hands with TomTom for developing world-class HD maps. All roads to HD mapping? Could be perhaps bit too early to say that. But one thing is certain: all the crossings at IT, semiconductors and automakers are going in that direction.

CARMERA Frequently Asked Questions (FAQ)

  • When was CARMERA founded?

    CARMERA was founded in 2015.

  • Where is CARMERA's headquarters?

    CARMERA's headquarters is located at 20 Jay Street, Brooklyn.

  • What is CARMERA's latest funding round?

    CARMERA's latest funding round is Acquired.

  • How much did CARMERA raise?

    CARMERA raised a total of $27.9M.

  • Who are the investors of CARMERA?

    Investors of CARMERA include Woven Planet Holdings, Paycheck Protection Program, Transit Tech Lab, Plug and Play Accelerator, Google Ventures and 10 more.

  • Who are CARMERA's competitors?

    Competitors of CARMERA include Civil Maps, Momenta, DeepMotion, DeepMap, Propeller Aerobotics and 10 more.

Compare CARMERA to Competitors

P
Propeller Aerobotics

Propeller's platform automatically processes photos from a drone into mapping, modeling and inspection data. This data is available for business systems or streamed online in real-time. The company's aerobots can fly over a site, generate a detailed image map and 3D model, and make it available via a web interface and tablet application.

Sanborn Logo
Sanborn

Sanborn is an innovator in the modern geospatial industry, delivering mapping, visualization, and 3D solutions for customers worldwide. The company operates a fleet of aircraft located strategically across the United States. Sanborn specializes in oblique aerial imagery, aerial and mobile LiDAR mapping, aerial orthophotography, 3D modeling and visualization software and services, unmanned aircraft system (UAS) sales, services and image processing, and a host of geospatial software products. The company was founded in 1866 and is based in Colorado Springs, Colorado.

A
Artisense

Artisense is a computer vision and sensor fusion software company. The company develops an integrated localization platform using cameras as lead sensors for the automation of robots, vehicles, and spatial intelligence applications. It was founded in 2018 and is based in Munich, Germany.

Kaarta Logo
Kaarta

Kaarta's software and hardware create 3D models and maps of an area in real-time. Floor plans, building models, CAD, BIM, Assets. In addition, providing maps for robots and delivering position in the absence of GPS and other infrastructure.

Momenta Logo
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.

Ushr Logo
Ushr

Ushr develops HD mapping technology in combination with vehicle sensors and on-road cameras to convey real world detail to AVs. The company's control algorithms interpret and communicate details from sensors to the vehicle control system, allowing for more precise steering, safer vehicle control and directional predictability. On February 13th, 2020, Ushr was acquired by Dynamic Map Portfolio at a valuation between $181.1M and $198.9M.

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