3D-mapping startup launches, announces $6.4 million round - Technical.ly Brooklyn

Business

Jun. 7, 2017 12:56 pm

3D-mapping startup launches, announces $6.4 million round

Carmera becomes Brooklyn's leading autonomous vehicle startup.
Self-driving cars everywhere could stand to benefit.

Self-driving cars everywhere could stand to benefit.

(Photo via Uber)

An ambitious 3D-mapping company intended to be used for autonomous cars launched earlier this week, announcing a $6.4 million Series A round.

Brooklyn-based Carmera attaches 3D cameras to vehicle fleets (MakeSpace is currently the company’s primary beta user) to help the fleets traverse the streets, but also, and more importantly, to build up data on how streets look on the ground, rather than from a satellite.

“The problem is, autonomous vehicle mapping data tends to be non-existent, not good enough, or what little exists gets locked up in a few closed platforms,” the company wrote in a Medium post Monday. “We built Carmera to fix this.”

The company has Brooklyn roots everywhere. It was founded by Ro Gupta, who is CEO, and Justin Day, who is CTO. Day formerly worked as CTO of Brooklyn 3D-printing company Makerbot. Makerbot’s founder, Bre Pettis, is also one of the investors in Carmera, but he’s not the only one from Brooklyn. Notation Capital also joined in the round, which was led by Matrix Partners.

“We first met Ro in 2014 through Jake Levine, one of our part-time partners at Notation,” Notation Capital wrote in their own Medium post on Monday. “Ro was coming off a 6 year stint as head of business development at Disqus, and had been tinkering nights and weekends with a home brewed road intelligence product installed on his own car. Shortly afterwards, Ro moved into our first office with us on top of Threes Brewing in Brooklyn, and as he continued to explore the intersection of 3D mapping data and autonomous vehicles, we all became increasingly excited about the emerging opportunity.”

Advertisement

It’s a great example of how overlapping networks in a tech scene can bring to fruition real companies tackling big problems.

Companies: Notation Capital
People: Bre Pettis
-30-
CONTRIBUTE TO THE
JOURNALISM FUND

Already a contributor? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Could HEVO be Brooklyn’s next unicorn?

Brooklyn fintech startup aims to modernize payroll benefits

Check out the 3 Brooklyn startups featured in WeWork’s new WeMRKT

SPONSORED

Brooklyn

You can win up to $360,000 at the WeWork Creator Awards

Philadelphia, PA

Vistar Media

Software Engineer

Apply Now

Philadelphia, PA - Center City

Odessa

Sr. Business Analyst, ERP Implementations

Apply Now

Philadelphia, PA

URBN

IT Recruiter

Apply Now

Inside the Brooklyn factory building stackable homes

Funding news about Simile

How to build a life after your daughter is murdered

SPONSORED

Brooklyn

Explore how diverse teams build dynamic products with Dev Bootcamp

Philadelphia, PA

URBN

URBN Project Manager

Apply Now

Philadelphia, PA - Center City

Odessa

Sr. Project Manager – ERP Implementations

Apply Now

Philadelphia, PA

Vistar Media

QA Engineer

Apply Now

Sign-up for daily news updates from Technical.ly Brooklyn

Do NOT follow this link or you will be banned from the site!