Hot Tech - City Digital Simulations For Driverless Cars
UK's Immense Simulations Gets VC Backing Source: Immense Simulations Big Money Pouring into Software for Driverless Cars British software company Immense Simulations makes interactive city simulations of traffic and people flows on any given day. The company today raised $4.6 million in a Series A funding led by UK's Amadeus Capital Partners and Japan's Global Brain Corporation. This is a major sign of the times. Investors are betting on autonomous vehicles going mainstream. So far this year, companies in the self-driving vehicle sphere have raised $3 Billion in funding. Immense Technology Immense uses data from mobile phone operators, public transport and telematics databases to build city simulations. Carmakers use the simulations to test their plans for fleets of autonomous cars on scenarios that are as close to real, congested city conditions as possible. CityScapes Immense Simulations has made simulations for driving condition...