Phantom AI

SoftwareSeries CMountain View, USphantom.ai

Latest round

Series C

Last raised

Feb 2023

Total raised

$134M

Investors

12

About Phantom AI

Phantom AI, Inc.Founded in 2016 and headquartered in Mountain View, US, Phantom AI, Inc. develops cutting-edge ADAS technologies.Phantom AI, Inc. from Shinhan GIB, Renaissance Asset Management, KT Investment, Samsung Venture Investment, InterVest, Shinhan Securities, Celeres Investments, Ford Motor Company, DSC Investment, Korea Investment Partners, and Millennium Technology Value Partners. Financial terms of the transaction were not disclosed. Phantom AI's core offerings include PhantomVision™, PhantomFusion™, and PhantomDrive™, which provide a comprehensive suite of advanced driver assistance systems (ADAS) and autonomous vehicle solutions. PhantomVision™ utilizes Deep Learning-based computer vision technology for object detection and recognition, ensuring compliance with Euro NCAP standards. PhantomFusion™ integrates data from multiple sensors to create detailed environmental models. PhantomDrive™ handles vehicle control and navigation, enhancing safety in automated driving.Phantom AI generates revenue through business-to-business transactions with automotive manufacturers, leveraging proprietary technologies to offer scalable ADAS solutions. The company engages in partnerships with Tier 1 automotive suppliers, providing flexible licensing agreements for its products. These agreements often involve comprehensive contracts that facilitate the integration of their technologies into vehicles, with payments structured around specific milestones or usage, thereby enhancing vehicle safety features such as Automatic Emergency Braking and Adaptive Cruise Control. The acquisition aims to integrate Phantom AI’s computer vision and advanced driver assistance technology into its vehicles and create a new software services revenue stream.

Who invested in Phantom AI

12 investors across 4 rounds

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Funding rounds

  1. Series C

    Feb 1, 2023

    Amount

    $37M

    Investors

    Locked

  2. Series C

    May 3, 2022

    Amount

    $70M

    Investors

    Locked

  3. Series A

    Apr 2, 2020

    Amount

    $22M

    Investors

    Locked

  4. Seed

    Nov 21, 2017

    Amount

    $5.3M

    Investors

    Locked

Questions about Phantom AI

Who invested in Phantom AI?

Phantom AI has 12 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Phantom AI raised?

Phantom AI has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Phantom AI last raise money?

Phantom AI's most recent round on record is a Series C, in Feb 2023.

What does Phantom AI do?

Phantom AI is a software company.

Where is Phantom AI headquartered?

Phantom AI is headquartered in Mountain View, US.

Which VCs invest in companies like Phantom AI?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Phantom AI's stage. Their profiles are linked below.

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