StradVision Raises $27 Million in Series B Funding to Camera Technology

StradVision, an innovator in vision processing technology for Autonomous Vehicles, has announced it raised $27 million in its Series B funding round, led by Posco Capital. This round brings StradVision's total funding to $40 million. Other Series B investors include: IDG Capital; Industrial Bank of Korea; Lighthouse Combined Investment; LSS Private Equity; Mirae Asset Venture Investment; Neoplux; and Timefolio Asset Management. "StradVision's software solutions for Autonomous Vehicles and ADAS systems are proving successful and attractive to leading automakers and suppliers, as our latest round of funding strongly confirms." said Junhwan Kim, CEO of StradVision. "We appreciate all of our new investors coming on board, and StradVision will use this funding to take our groundbreaking products to the next level as we lead the advancement of camera technology in Autonomous Vehicles."