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Global automotive suppliers Denso International America and Magna International Inc have announced their investments in THINCI Inc, a deep- and machine-learning technology firm.
Some other individual investors, too, have taken part in this round of investment.
The start-up, however, has not indicated the size of the investment, citing non-disclosure agreements.
“The investments will help accelerate the final development of THINCI’s solutions that will improve electronics for enabling driver assistance and autonomous driving, and efficiency of thermal systems,” Dinakar Munagala, CEO, THINCI, said here in a statement, on Thursday .
Head-quartered in California, THINCI has offices in Hyderabad, too.
“We are in the final phase of producing a deep-learning and vision-processing solution.
“The solution can be integrated into a wide range of applications, including advanced driver assistance systems in the automotive sector and smart home automation systems,” the company said.
Denso Corp is a Japanese company with over 200 subsidiaries globally.
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