AI Driverless Car Startup Raises $13 Million

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By Chuck Martin

A startup using artificial intelligence to develop driverless car software has raised $13 million in seed funding.

Investments in Helm.ai came from A.Capital Ventures, Amplo, Sound Ventures, Binnacle Partners,  Fontinalis Partners and SV Angel, Berggruen Holdings founder Nicolas Berggruen, Quora co-founders Charlie Cheever and Adam D’Angelo, NBA player Kevin Durant and Gen. David Petraeus, according to a report in TechCrunch.

Helm.ai is creating the software to understand sensor data on autonomous vehicles by using an unsupervised learning approach that can train neural networks without simulation.

The stealth mode startup, based in San Francisco, was founded three years ago.