Google-owned Artificial Intelligence focused company Gradient Ventures end up investing $6 Million in a startup developing autonomous vehicle systems. In the recent seed funding Scotty Labs, an interdisciplinary organization run by the students of Carnegie Mellon University raised a huge funding amount. Gradient Ventures led the seed funding round participated by, Hemi Ventures, Social+Capital, Horizons Ventures, Neuron.VC, Graph Ventures, and Gravity Ranch other than School Labs.
The startup works with the goal to take the autonomous vehicle technology up to the standard that people expected it to be. The nine people team at Scotty Labs works over a program that enables the drivers to remotely control their vehicle. Instead of letting the vehicle driving all by itself the Scooty Labs system makes it controllable from distance. The new technology works on “teleoperations’ which will now get a bigger exposure after Google’s support.