Perception software house Vayavision receives EU funding

March 06, 2019 //By Christoph Hammerschmidt
Perception software house Vayavision receives EU funding
Less than a year after its market entry, Israeli software company Vayavision has received a grant from the EU for its expansion in Europe. Vayavision's software collects sensor data from cars and generates a three-dimensional environmental model.

Unlike existing solutions, the Vayavision software processes the raw data of all relevant sensors (radar, lidar, cameras); in contrast, conventional systems use pre-processed high-level data from the sensors at this stage. Together with an up-sampling algorithm, sensor fusion at the raw data level enables much more accurate environmental models to be created for automated driving, explained Vayavision CEO Ronny Cohen.

Now Vayavision, a start-up from Or Yehuda (Israel) who currently employs 30 people, has received funding under the EU's Horizon 2020 programme. The aim is for the software manufacturer to expand its market presence in Europe in the period up to 2020.

Vayavision’s winning proposal, “Seeing the View,” detailed using the funding to support activities involved in bringing the company’s debut perception software product, VAYADrive 2.0, to the European market, including: adapting and customizing VAYADrive 2.0 in preparation for European market; marketing and support infrastructure; training; and local European presence and support teams to assist EU-based OEMs and Tier Ones.

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