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Autonomous System Simulation Startup Metamoto Raises $2M

| July 14, 2017

 Autonomous System Simulation Startup Metamoto Raises $2M

Metamoto, Inc., a startup in scalable simulation for autonomous systems, closed its seed round fundraise of $2M. Proceeds will fuel Metamoto’s go-to-market plans. Metamoto’s investor group is headlined by Motus Ventures, who leads the round, and UL, a strategic investor.

“Autonomy has completely overhauled how vehicles are designed, developed and especially tested,” says Chad Partridge, Metamoto’s CEO. “Autonomous system software is overwhelmingly complex, not necessarily intuitive, and always evolving. Continuous on-demand simulation is mandatory to verify system integrity and safety via operation over millions of virtual miles, unique edge cases, and varied conditions, every time something changes”

He continued, “Simulation will not replace physical testing, but most problems are resolved in simulation before a vehicle goes out into the real world. Metamoto brings the best of continuous integration and regression testing to this new software driven world.”

Robert Seidl adds, “The complexity, development pace and maintenance cost of highly and fully automated vehicles outpaces current development and testing methodologies. Large scale sensor simulation will play a key role in the functional and safety validation of autonomous systems. Sensor simulation can also generate the massive amount of training data required for deep learning systems that are becoming increasingly popular in this context.”
lead counsel.

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