videantis and Continental sign strategic supplier contract
PORTFOLIO NEWSvideantis, a leading supplier of deep learning, computer vision, image processing and video coding solutions, has been working with Continental towards developing their next-generation smart rear view cameras. The automotive-grade software and development tools for its processors, which videantis both supplied to Continental, are deployed through several OEMs and in various car platforms already starting earlier this year.
The SoCs (systems-on-chip) sourced from a leading global semiconductor supplier for a smart camera program are based on videantis’ proprietary processing architecture and are accompanied by programming tools originating from videantis. For making optimal use of this high-performance, ultra-low-power processors platform and accelerating projects time to completion, Continental relied on the software IP, tools and unique expertise of videantis as the inventors of this technology.
videantis processor IP was the key ingredient for us to decide on this hardware platform. During the cooperation, videantis already proved to be a vital technology partner. It is ensured that we can deliver a wide range of best-in-class features while meeting the most stringent quality and functional safety requirements to enhance the user experience and driving safety. Our partnership enabled us to win key OEM customers, and we’re looking forward to continue teaming up with videantis to bring superior technology to the market for many years to come
Dr. Sascha Semmler, Head of Program Management Camera from the Advanced Driver Assistance Systems business unit, Continental
The versatility of the videantis processor architecture allows a wide variety of vision and imaging algorithms to run on the same architecture. The architecture is fully software programmable, allowing feature upgrades and algorithm improvements over time. This enabled the development of very small cameras and to address a wide range of active safety use cases such as automatic braking for pedestrians, warning for crossing traffic, and assist in driving with a trailer.
Continental licensed both computer vision and image processing software libraries, as well as development tools that aid in software development and production sign-off for the cameras. For a successful project completion, rigorous automotive quality requirements and processes that include adhering to Automotive SPICE and ISO26262 had to be fulfilled. The software libraries and tools that videantis provided meet these stringent functional safety and automotive grade quality requirements.
We’re excited to be working with Continental. They are one of the world’s largest automotive suppliers, and we’re honored to be nominated their strategic supplier. Continental’s adoption of our technology for automotive serial production with multiple OEMs is a testimony to the quality of our products. We are looking forward to a fruitful long-term partnership and together drive the widespread use of autonomous mobility enabling technologies.
Dr. Hans-Joachim Stolberg, CEO, videantis
Due to the cooperation between the two companies, serial production with OEMs started earlier this year.
About videantis
Headquartered in Hannover, Germany, videantis GmbH is a leading supplier of deep learning and computer vision solutions based on its unified processing platform. With its processor IP, hardware/software-based solutions for deep learning, computer vision, image processing and video coding, as well as its development tools, videantis globally supports semiconductor manufacturers, automotive OEMs and tier 1 suppliers together with customers in other high-volume embedded markets. videantis has been recognized with the Red Herring Award and multiple Deloitte Technology Fast 50 Awards as one of the fastest growing technology companies in Germany.
About Continental
Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent, and affordable solutions for vehicles, machines, traffic and transportation. Continental generated preliminary sales of €37.7 billion in 2020 and currently employs more than 235,000 people in 58 countries and markets. In 2021, the company celebrates its 150th anniversary.
About eCAPITAL
eCAPITAL is a venture capital firm that provides early to growth stage funding to technology companies in the fields of software & information technology, cybersecurity, industry 4.0, new materials and cleantech. Founded in 1999, eCAPITAL has a history of supporting entrepreneurs determined to build companies with lasting significance. Partnering with eCAPITAL means joining an international network of business leaders, entrepreneurs, technologists and potential partners. eCAPITAL is located in Germany, currently manages funds with over EUR 280 million under management and was lead investor of some very successful German exits like sonnen, Novaled or Jedox.
Contact
videantis GmbH
Stephan Janouch
Director Marketing
Tel.: +49 511 51 522 3-35
eMail: stephan.janouch@videantis.com
www.videantis.com
Continental
Soeren Pinkow
External Communications, Autonomous Mobility and Safety Business Area
Tel.: +49 69 7603 8492
eMail: soeren.pinkow@continental.com
www.continental.com
eCAPITAL ENTREPRENEURIAL PARTNERS AG
Bettina Schäfer
Hafenweg 24
48155 Münster, Germany
Tel.: +49 251 70 37 67 0
eMail: info@ecapital.vc
www.ecapital.vc