Swaayatt Robots (स्वायत्त रोबोट्स)’s Post

Swaayatt Robots (स्वायत्त रोबोट्स) Robots, an autonomous driving startup based in Bhopal, has secured $4 million in funding from US-based angel investors. Founder Sanjeev Sharma announced the news on LinkedIn, revealing that this investment is part of a larger funding round. The company closed this round with a valuation of $151 million and plans to raise additional funds at a valuation of approximately $175 million. "With this new $4 million fundraise, which is part of a larger effort involving global investors, we will focus on developing new AI capabilities to tackle the challenges of autonomous general navigation," Sharma wrote. Previously, Sharma outlined the startup’s plans to enhance its R&D across all areas of autonomous driving, emphasizing unsupervised and inverse reinforcement learning to demonstrate their scalable Level-5 autonomous driving technology. Level 5 vehicles are fully autonomous, requiring no human intervention and lacking traditional controls like a steering wheel. In his post, Sharma emphasized the importance of addressing the most challenging AI problems to ensure safe and cost-effective autonomous driving. "Autonomous agents must learn to navigate the most complex, unpredictable, and adversarial traffic dynamics," he explained. The startup has created advanced AI and mathematical models to solve issues such as bidirectional traffic negotiation at speeds of 40 km/h on single-lane roads, managing multi-agent scenarios in dynamic environments, and navigating toll plazas and off-road areas at high speeds. Their technology also includes capabilities for LiDAR-less perception and unmanaged traffic-intersection negotiation both day and night. Swaayatt Robots previously raised about $3 million in 2021. Discussing their technology, Sharma said, "Our technology surpasses that of competitors in Europe, North America, and China. We have developed algorithmic frameworks that better handle environmental and traffic uncertainties while being more energy-efficient due to our computationally efficient algorithms." #SwaayattRobots #AutonomousDriving #AI #ArtificialIntelligence #Funding #FundingAlert #FundraiserAlert #AngelInvestors #TechInnovation #TechFunding #Level5Autonomy #SmartVehicles #Innovation #AutonomousVehicles #FutureOfMobility #MachineLearning #ReinforcementLearning #StartupGrowth #BhopalStartups #TransportationTech #TechBreakthroughs #AllBoutCorps