Private Equity Angel Investments
Driver assistance startup Sapience Automata raises Rs.1.75 Cr led by IVP
Bengaluru-based driver assistance startup Sapience Automata has raised INR 1.75 crore in a seed round led by Inflection Point Ventures. The funds will be used for growing sales for driver cameras, building key partnerships in the automotive domain, developing advanced driver-assistance systems (ADAS) technology, and filing international patents.Founded by Satyajit Neogi in 2021, Sapience Automata focuses on road safety through plug-and-play driver assistance technology. The firm aims to eliminate accidents by leveraging artificial intelligence and autonomous driving tech.By offering custom-made products and applications, it provides solutions that are tailored to the specific needs and conditions of Indian drivers. Sapience currently focuses on commercial fleets operating in Bangalore.