Recogni Raises $48.9 Million Series B

Aitechpark19 Feb, 2021Technology

Mayfield Fund, Continental, Robert Bosch Venture Capital, and Existing Investors Join WRVI Capital in Financing Developer of Highest-Performing Power-Efficient Perception Processing Technologies for Autonomous Vehicles Recogni Inc., the developers of an AI vision cognition system for autonomous vehicles, today announced $48.9 million in a Series B financing round, led by WRVI Capital, a prominent global technology investor. The proceeds will help Recogni bring its perception platform to market and expand its engineering and go-to-market teams.