SafeAI raises $5M to develop and deploy autonomy for mining and construction vehicles – TechCrunch

SafeAI raises $5M to develop and deploy autonomy for mining and construction vehicles – TechCrunch:

Applying advances in autonomy and AI to mining and construction can do a lot to not only make work sites safer, but also increase efficiencies and boost productivity – building on what’s already been made possible with even the most basic levels of autonomy currently available on the market.

What SafeAI hopes to add is an underlying architecture that acts as a fully autonomous (Level 4 by SAE standards, so no human driver) platform for a variety of equipment. Said platform is designed with openness, modularity and upgradeability in mind to help ensure that its clients can take advantage of new advances in autonomy and AI as they become available.

While SafeAI doesn’t have product in market yet, it is running its software on actual construction hardware at its proving ground, as mentioned, and it’s working with an as-yet unnamed large global mining company to deploy SafeAI in a mining truck, according to Halder. The company’s plan is to focus its efforts entirely on deploying fully, Level 4 autonomy as its first available commercial product, with a vision of a future where multiple pieces of mining equipment are working together “seamlessly,” the CEO says.

Today’s $5 million round includes investment led by Autotech Ventures, and including participation from Brick & Mortart Ventures, Embark Ventures and existing investor Month Vista Capital.

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