Robotics and automation giant Denso says it’s become the lead investor in Thinci
Denso says its investment in startup will help accelerate next-generation automotive technology, using innovative deep learning and vision processing silicon and software.
The company adds that its investment will lead to advancements in driver assistance and autonomous driving, improve the efficiency of thermal systems, and optimize the productivity of the vehicle’s powertrain.
Tony Cannestra, Denso International America’s director of corporate ventures, says: “Denso has been researching new developments in the area of computer vision processing. We strongly believe that Thinci’s technology will soon become a key component of next generation autonomous driving systems that require advanced computing techniques combined with deep learning capabilities.
“Denso looks forward to supporting Thinci’s technology development and working with our OEM (original equipment manufacturer) customers to deploy this technology into the automotive industry for autonomous drive.”
Thingi is a venture-backed, deep-learning vision processing start-up based in El Dorado Hills, California, with teams in California and Hyderabad, India.
Thinci’s technology can be integrated into a wide range of applications, including advanced driver assistance systems in automobiles, personal electronics and smart home automation systems.
The startup says it has developed a silicon architecture capable of processing extremely large amounts of data as fast as a human would, as well as the software infrastructure needed for the silicon to process this data. Thinki claims its deep learning and vision processing replicates human vision.
Thinci CEO Dinakar Munagala says: “We are thrilled Denso is our lead investor.
“The automotive industry is one of the earliest adopters of vision processing and deep learning technology. Denso’s investment in Thinci’s trailblazing solution confirms our own belief that our innovation has much to offer, not only in the automobile but in the wide range of everyday products.”
