# Neural Propulsion Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neural-propulsion-systems

- Industry: Software
- Headquarters: Pleasanton, US
- Website: www.nps.ai
- Total disclosed funding: $35M
- Latest round: Series B (Mar 7, 2024)
- Investors on record: 3

## About

Based in California, US, and founded in 2017 by CEO Behrooz Rezvani, Neural Propulsion Systems, Inc. is the developer of the NPS AtomicSenseTM Platform, an integrated multi-modal sensor system that provides fully autonomous vehicles and advanced driver assistance systems (ADAS). In March 2024, Neural Propulsion Systems, Inc. raised USD 17.5 million in Series B funding led by investor Cota Capital, with participation from investors General Motors Ventures and RTX Ventures.

The company provides the AtomicSense radar platform, an integrated multi-modal sensor system built on a patented radar algorithm system running on graphical processor units (GPUs), enabling enhanced order of magnitude radar performance with applications in driver assistance systems (ADAS), autonomous driving, and next-generation aerospace and defense systems.

Neural Propulsion Systems, Inc. plans to use its proceeds from March 2024 funding to support the development of its atomic sensing platform.

## Funding rounds

- Series B, Mar 7, 2024, $18M — General Motors Ventures, Cota Capital, RTX Ventures
- Series B, Jan 3, 2023, $17M — RTX Ventures

## Investors

- RTX Ventures (https://capitalatlas.ai/funds/rtx-ventures) — Series B
- General Motors Ventures (https://capitalatlas.ai/funds/general-motors-ventures) — Series B
- Cota Capital (https://capitalatlas.ai/funds/cota-capital) — Series B
