The round was led by automotive Tier 1 supplier DENSO and its semiconductor products arm NSITEXE, which will also be one of Quadric.io’s customers for future electronic systems in all levels of autonomous driving solutions.
The Quadric Processor board is plug-and-play, which means people can plug in their sensor set and build their entire application to support “near-instantaneous” decision making. Early testing of Quadric’s system has shown up to 100 times lower latency and a 90 percent reduction in power consumption.
The startup contends that machines with autonomous functions requires processing speed and responsiveness “on the edge” — meaning at the machine level, not in the cloud.
Other companies, most recently Tesla, have opted to build their own chips to meet this specific need. But as Kheterpal notes, not all companies have the resources to build the tech from the ground up.