Espoo-founded autonomous driving software platform Sensible 4 has raised additional funding in a Series A round from Metaplanet VC, owned by Skype co-founder Jaan Tallinn, Helsinki-based NordicNinja VC, family offices, and employees. With the latest investment, the startup reached a total of €16.7 million in funding. The startup develops full-stack autonomous driving software for commercial last-mile vehicles – enabling smooth and safe operations in all weather conditions.
Sensible 4 Releases Autonomous Driving Platform DAWN™ and Welcomes Metaplanet as an Investor
Sensible 4 releases their first autonomous driving software platform product – DAWN™. The technology, enabling autonomous driving in all weather, without the need for lane markings, is underpinned by decades of experience and expertise in the field of outdoor robotics. The company, headquartered in Finland, has also increased its A-round funding. To date, Sensible 4 has raised a total of €16.7M.
Finnish self-driving technology company Sensible 4 releases their first autonomous driving software platform product DAWN™. Following extensive testing in simulators and open-road conditions across the world – DAWN™ is now ready to be utilised by Sensible 4’s OEM customers as they develop their future Level 4 automation offering. Sensible 4 is seeking to integrate DAWN™ into vehicles entering serial production starting from 2024 with its current and new OEM-customers.
Sensible 4 has continued to increase its funding – taking the total to €16.7M. The latest funding, saw the introduction of a new investor Metaplanet VC, was co-led by Japanese NordicNinja VC and further complemented by family offices and employees. Metaplanet VC, owned by Skype co-founder Jaan Tallinn, is an early-stage investment firm that provides capital to deep tech startup founders. Metaplanet back mission-driven founders working on positively disruptive deep technologies.
“We’re proud to partner with Sensible 4 – a company that is shaping the future of transportation. Sensible 4’s product DAWN™ not only demonstrates how close we are to realising the benefit of autonomous mobility, but it also sets an unprecedented standard within the industry, due to its all-weather capability. Ultimately, we believe that autonomous mobility will play a huge part in helping our planet and addressing the transport issues of today, such as driver shortage. We’re excited to see our partnership vision with Sensible 4 become a reality”, says Rauno Miljand, Managing Partner at Metaplanet.
“Metaplanet has a fantastic investment track record with multiple large-scale automotive and robotic companies in their portfolio. Metaplanet’s expertise, paired with our expansion into international markets – where we are working with several OEMs to bring DAWN™ to Europe and Japan – means we’re able to start realising the benefit of autonomous mobility”, comments Harri Santamala on the new investment.
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