Kopernikus Automotive, an AI startup specializing in automated valet parking and Level 4 autonomous maneuvering, has received a follow-up investment from Continental and Technologiegründerfonds Sachsen (TGFS). This investment comes after Continental’s initial investment in 2021, where the company began marketing a Kopernikus-based system globally.
In 2022, Kopernikus Automotive was awarded a contract by Volkswagen’s CARIAD software group to equip its new test facility for automated valet parking Type 2 in Wolfsburg, Germany. The startup was also awarded contracts for two pilot projects at two separate Ford Automotive factories. These contracts demonstrate Kopernikus’ growing influence in the automotive industry and its potential to become a major player in the field of autonomous vehicles.
Kopernikus Technology Showcased at CES 2023
As part of the global marketing of the Kopernikus-based system, a live demonstration of the technology was showcased at CES 2023 in Las Vegas, USA, in January. The demonstration highlighted the capabilities of Kopernikus’ AI development in autonomous parking and maneuvering based on infrastructure, where vehicles are monitored and driven by cameras and computers in a facility.
Kopernikus Automotive is focusing its AI development on autonomous parking and maneuvering based on infrastructure, where all vehicles are monitored and driven by cameras and computers in a facility. The company is responsible for equipping a facility – such as a parking, logistics or automotive site – with the necessary equipment to drive a vehicle.
Heading Towards Serial Application
With the €3m (US$3.2m) in capital raised, Kopernikus Automotive is heading towards serial application. The funds raised will help the company to conclude its development and safety certification of one of the first truly driverless self-driving applications. This capital increase ensures that we can conclude our development and safety certification of one of the first truly driverless self-driving applications you will see,” said Tim von Toerne, COO of Kopernikus.
Kopernikus’ focus on infrastructure-based autonomous parking and maneuvering has the potential to revolutionize the way we park and move vehicles. By utilizing cameras and computers to monitor and control vehicles in a facility, the technology could reduce the need for human intervention in the parking and maneuvering process. This could lead to increased safety, improved efficiency, and a reduction in the time and effort required to park and move vehicles.
The Future of Autonomous Parking and Maneuvering
The recent follow-up investment from Continental and TGFS will help Kopernikus Automotive to develop and market its technology further and bring it one step closer to serial application. With the potential to revolutionize the way we park and move vehicles, Kopernikus Automotive’s technology could have a significant impact on the future of transportation.
Kopernikus’ technology also has the potential to improve the parking experience for drivers by making it easier and more convenient to park their vehicles. By reducing the need for human intervention, the technology could also help to reduce the risk of accidents and damage to vehicles in parking and maneuvering scenarios.
Kopernikus Automotive’s growing influence in the automotive industry, demonstrated by contracts with CARIAD and Ford Automotive, and its focus on infrastructure-based autonomous parking and maneuvering make it a key player in the future of autonomous vehicles. With the recent follow-up investment from Continental and TGFS, the company is well-positioned to continue developing and marketing its technology and bring it one step closer to serial application. The potential benefits of the technology, including increased.
