Provizio raises $6.2M seed round for collision-prevention sensing

Nov 5, 2020 · Funding · Provizio · Perception

Provizio raised $6.2 million (EUR 5.2 million) in seed financing to expand its team and develop a radar-and-vision sensing system designed to predict and prevent road collisions.

Provizio company media
Company media · Provizio
  • The financing supported a team spanning robotics, artificial intelligence, vision and radar-sensor development.
  • Provizio was developing a five-dimensional sensory-vision system combining beyond-line-of-sight sensing with artificial intelligence.
  • The company planned to put a commercial product into test vehicles on Irish roads.

Provizio develops software-defined radar perception for ADAS, autonomous driving and robotaxi platforms. Founded in Ireland, the company’s application layer transforms raw radar inputs into high-fidelity object and environment information using its MIMSO and 5D Perception software. Provizio positions the stack as an updateable, sensor-flexible route to robust all-weather perception and reduced dependence on LiDAR.