Driveblocks
Latest round
- Seed
Last raised
- Aug 2023
Total raised
- $2.4M
Investors
- 3
About Driveblocks
Based in Germany, Driveblocks GmbH operates as a software development company offering the Mapless Autonomy Platform for autonomous driving of commercial vehicles without relying on high-definition maps. Based in Munich, Germany, and founded in 2021, Driveblocks GmbH operates as a software development company specializing in the autonomy of commercial vehicles.one, Bayern Kapital and Rethink Ventures. The company provides a technology that empowers heavy-duty vehicles to detect objects and understand their surroundings without relying on high-definition (HD) maps. Driveblock's flagship software platform, Mapless Autonomy Platform, offers autonomous driving by offering a modular solution that enhances perception and sensor-fusion capabilities. This allows vehicles to operate independently of maps, ensuring scalability, performance in all weather conditions, as well as performance using transformer neural networks, and the ability to navigate GPS-denied environments like container terminals, mining, agriculture, and hub-to-hub logistics. Driveblocks GmbH generates revenue by selling its modular autonomous-driving software to commercial and off-road vehicle operators and OEMs, earning income through B2B software licensing, integration projects, and deployment support services.
Who invested in Driveblocks
3 investors across 1 round
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Funding rounds
Seed
Aug 29, 2023
Amount
$2.4M
Investors
Questions about Driveblocks
Who invested in Driveblocks?
Driveblocks has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Driveblocks raised?
Driveblocks has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Driveblocks last raise money?
Driveblocks's most recent round on record is a Seed, in Aug 2023.
What does Driveblocks do?
Based in Germany, Driveblocks GmbH operates as a software development company offering the Mapless Autonomy Platform for autonomous driving of commercial vehicles without relying on high-definition maps.
Where is Driveblocks headquartered?
Driveblocks is headquartered in München, Germany.
Which VCs invest in companies like Driveblocks?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Driveblocks's stage. Their profiles are linked below.
VCs backing software startups at Seed
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