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Ushr Locks In $10 Million Series A Funding Led by Forté Ventures

Ushr Locks In $10 Million Series A Funding Led by Forté Ventures
Credit: ushrauto.com

Ushr, Inc., today announced that it has secured $10 million in Series A funding. Forté Ventures led the investment round, with participation from EnerTech Capital, Emerald Technology Ventures, and GM Ventures.

Ushr aims to shape the evolution of autonomous vehicle navigation by providing the most precise, high-definition mapping technology and software for autonomous vehicles in the market today. By interpreting and communicating street view navigation, Ushr enables autonomous vehicle passengers to travel from Point A to Point B as safely and as efficiently as possible.

The Series A investment will allow Ushr to advance the development of lower cost data acquisition technologies and of automated map production using artificial intelligence techniques; to build a fleet of data collection vehicles; and to test in-vehicle software on automotive grade embedded hardware.