Munich AI startup Artisense raises €4 million in new funding round

German AI startup Artisense has announced a €4 million funding round from Project A, Vito Ventures, and Holidu cofounder Chris Hitchen. The startup has developed algorithms for real-time 3D mapping of images. The tech can be applied to autonomous cars and robotics to help them to better understand their surroundings. The new funds will be invested in improving the algorithm, forging industry partners in automotive and robotics, and expanding its offices in Munich, Palo Alto, and Tokyo. "We see Europe increasingly becoming one of the hubs for DeepTech startups. A unique ecosystem has been established that combines innovation, research, and entrepreneurship with huge markets," said Thomas Oehl, managing partner at Vito Ventures.