AI hardware startup Recogni raises $48.9M for its autonomous driving module

Recogni says that its AI module’s energy efficiency can simplify the design of electric cars with autonomous driving features. Driving without human input requires a vehicle to process data from multiple sensors in near-real time, which consumes a significant amount of power.

That, in turn, reduces the vehicle’s battery life. Technologies such as Recogni’s module that promise to run AI software more efficiently could enable automakers to build autonomous vehicles capable of covering more distance per charge.

Another benefit Recogni says its module enables: the ability to replace lidar sensors with stereo cameras. Stereo cameras, which can collect depth information, are theoretically more cost-efficient than the lidar sensors used in most autonomous vehicles today. But they’re not used often because they require significant computing resources to support.