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.
Want to receive such news items in your inbox? Click Here to sign up for a trial.