Seoul Robotics has taken a divergent path on the road to commercializing autonomous vehicles. Instead of developing and embedding the entire self-driving system, including sensors into a vehicle, Seoul is turning to surrounding infrastructure to do some of the heavy lifting.
And its contrarian approach has attracted a new group of investors and $25 million in venture funding. The Series B funding was led by KB Investment, according to Seoul Robotics.
“Instead of outfitting the vehicles themselves with sensors, we’re outfitting the surrounding infrastructure with sensors,” vice president of pro