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CB Insights lists Teraki as one of the world's 70 AI companies revolutionizing Automotive
08th May 2019
#### Teraki was identified as one of the key players in the Automotive AI stack and "Edge Processing" recognised as an important, separate category.
**BERLIN, May 06, 2019 US-based, leading research company CB Insights, published an industry overview of AI start-ups that matter in Automotive industry. The overview has identified 70 start- and scale-ups worldwide that are set to be catalyst of technical change in the car producing industry. Foremost enabling autonomous driving in some shape or form.**
In that sense CB Insights presented these innovators in categories representing the main elements required in Automotive Tech. Examples of these main categories are: Perception, Self-driving software, HD mapping, Fully Autonomous Cars and Edge Processing.
The research recognised "Edge Processing" as a separate, key category in the Automotive AI stack. Teraki is listed as one of the leaders and shapers of the "Edge Processing" category. Amongst a global set of companies, CB Insights identified Teraki as one of the innovative and leading tech companies in this category worldwide.
Automotive AI startup Teraki today announced it has raised $2.3 million in additional funding for its mission to provide breakthrough AI and edge data processing software. The company also announced today the launch of the Teraki DevCenter—a cloud-based data training and prototyping environment, allowing customers to train Teraki's algorithms on their data.
Teraki's breakthrough AI technology enters market using Infineon's AURIX™ line of automotive microcontrollers. Teraki's 10X plus increase in automotive chip, communications and learning performance makes highly accurate AI applications possible in existing embedded environments.