Osram Invests Autonomous Driving AI Startup Recogni

Fluxunit, OSRAM's Venture Capital arm joins leading VC funds well as automotive OEMs and Tier-1 suppliers in the financing round of Recogni. Recogni is a Silicon Valley start-up with subsidiary in Munich which develops a vision-oriented AI platform for autonomous vehicles, which allows the processing of sensor data from LiDAR, camera and RADAR systems in real-time and at low power consumption. Other investors of the financing round include GreatPoint Ventures, Toyota AI Ventures, BMW iVentures, Faurecia and DNS Capital with an amount of US$25 million.

As the automotive industry is transitioning to autonomous vehicles, a network of computers is needed to drive these vehicles efficiently on a limited energy budget. While these AI systems are trained offline, they need to process the sensor data in real-time in the vehicle. Today, autonomous vehicles have hit the processing efficiency wall and are unable to transition to the next level of autonomy and beyond. Recogni is focused on creating high-performance and low-power AI processing to help make autonomous vehicles a reality.


(Image: Osram)

Founded in 2018 and headquartered in San Jose, California, the company is positioning itself to revolutionize the processing of sensor data for Level 2+ autonomous vehicles. Using a Vision Cognition Processor, Recogni will solve the problem of running perception algorithms in the vehicle in real-time and at low power consumption. The company’s founders possess deep industry experience in system design, AI, vision, and custom silicon design.

“We truly believe in sensor fusion based on camera, RADAR, and LiDAR, but the computational requirements for processing the flood of data in real time and running perception algorithms on the edge remain one of the critical bottlenecks in autonomous driving today”, explained Sebastian Stamm, Investment Manager at Fluxunit – OSRAM Ventures. “Recogni solves this problem with a unique and disruptive approach – we are proud to back this team of world-class IC- and system developers as well as automotive AI experts.”

The investment in Recogni underlines OSRAM’s transition from a lighting company towards a high-tech photonics company in various future applications such as autonomous driving. Via its venture arm Fluxunit, OSRAM will contribute their extensive know-how in semiconductors for lighting as well as sensing applications in the automotive industry.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Figure 1. Overall concept of face-fit surface-lighting micro-LEDs (FSLED) mask. a. Optical image of the FSLED mask showing uniform surface-lighting. schematic illustration of the FSLED mask. The 2D to 3D transformation procedure b. Difference ... READ MORE

The next generation of high-performance LEDs is now available: the OSCONIQ® C 3030 from ams OSRAM. Engineered for demanding outdoor and stadium lighting applications, this cutting-edge LED series combines exceptional intensity with thermal... READ MORE