LONDON: Venture capital investors backed Immense Simulations, a British software company which creates interactive replicas of cities, on Tuesday in the latest sign of money pouring into firms that stand to gain from driverless vehicles becoming more mainstream.
Immense sells its simulation software to carmakers and autonomous vehicle outfits seeking to test their plans for fleets of autonomous cars and run scenarios in a model city as similar as possible to the real thing. The company's clients include big U.S. carmakers and autonomous vehicle specialists, co-founder and CEO Robin North told Reuters in an interview. He declined to name the firms, citing non-disclosure agreements.Immense has partnered with companies including British taxi firm Addison Lee, and worked on research and development with U.S. auto company Ford, Tata Motors-owned carmaker Jaguar Land Rover, and Germany's Bosch.
In North America the company created simulations of San Francisco, Chicago, and Montreal for clients and for public demonstrations.
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