Helm.ai snags $31M to scale its 'unsupervised' autonomous driving software • TechCrunch

A few bright spots remain in the autonomous vehicle industry even amid macroeconomic headwinds that have nearly shut off the spigot of venture capital and led to further consolidation. Helm.ai, a startup developing software designed for advanced driver assistance systems, autonomous driving and robotics, is one of them. The Menlo Park, California-based startup recently raised $31 million in a Series C round led by Freeman Group, just one year after it snagged $26 million in venture funding. This latest round, which included ACVC Partners, Amplo and strategic investors Honda Motor Co., Goodyear Ventures and Sungwoo Hitech, has pushed Helm.ai's valuation to $431 million. Brandon Freeman, founder of the Freeman Group, is joining the Helm.ai board of directors as part of this financing.