Algolux Closes $18.4M Series B Funding
- Algolux, a Montreal, QC, Canada-based computer vision software company, raised $18.4M in Series B funding
- The company provides computer vision and image optimization solutions that address the mission-critical issue of safety for ADAS and autonomous vehicles
- It uses computational imaging to design algorithms that treat the camera as part of the overall perception stack
- This leads to the resolution of harsh cases such as low-light, low contrast, and obstructions for object detection, imaging, and geometric estimation
- In addition, using physical camera models reduces training data needs
- The company is also announcing the appointment of Matthias Schulze as Vice President Europe and Asia
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