Netradyne, an artificial intelligence-supported smart vehicle, received an investment of $90 million

Artificial intelligence supported smart vehicle Netradyne, $1.25 billion based on valuation 90 million dollars received investment. The company’s $90 million Series D investment round Point72 Private Investments led.

In the investment tour of the US-based company Qualcomm Ventures ve Pavilion Capital took place. Netradyne announced that it will use its newly received investment to expand globally, improve its products and conduct R&D studies on artificial intelligence technologies.

in 2015 Avneesh Agrawal ve David Julian The company, started by , develops artificial intelligence-supported smart vehicle cameras, namely dashcams, for commercial vehicle fleets. These cameras aim to increase driver safety by collecting data and video about vehicle and driver behavior. The cameras send real-time alerts to drivers in case of distraction or dangerous driving. It offers reward systems to encourage drivers’ safe driving habits.

The data collected provides fleet managers with detailed reports. On the other hand, distracted driving is one of the main causes of traffic accidents around the world. Netradyne’s artificial intelligence-supported cameras instantly detect drivers’ mistakes and reduce accidents by 50 percent.

This technology it has developed not only protects human life, but also reduces financial losses. Reducing accidents reduces insurance costs and vehicle maintenance costs. Analysis of driver behavior increases fuel savings and operational efficiency.