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Semiconductors Series A Founded 2015

Cron AI

Cron AI is a deep learning perception technology company that develops senseEDGE, a patented 3D perception platform that processes live raw data from LiDAR and other 3D sensors to deliver object detection, classification, and tracking with unprecedented precision for intelligent transportation, smart spaces, smart security, and automotive applications. senseEDGE uses cutting-edge deep learning algorithms trained on…

📍 London, United Kingdom · Photonics,

Funding snapshot

Last roundSeries A
Amount$4M
Date7 May 2021
Total raised$7M
Valuation32,010,941 (Jul 12, 2023)
Team size38

About

Cron AI is a deep learning perception technology company that develops senseEDGE, a patented 3D perception platform that processes live raw data from LiDAR and other 3D sensors to deliver object detection, classification, and tracking with unprecedented precision for intelligent transportation, smart spaces, smart security, and automotive applications. senseEDGE uses cutting-edge deep learning algorithms trained on massive and diverse datasets collected across multiple countries spanning three continents, in varying weather conditions, times of day, and environments ranging from busy urban infrastructure to rural roads and wilderness. The platform is truly plug-and-play, requiring no tweaking or tuning, and continuously adapts to the environment and specific sensors over time in the background without user intervention. senseEDGE achieves seamless object fusion, allowing LiDAR data to be combined with information from cameras and radar for comprehensive environmental understanding, and can detect and track objects even when physically close or touching, such as people on wheelchairs, people pushing cycles or baggage, trucks towing cars, and dense crowds. The platform scales from single-sensor solutions to large complex deployments with a '1+1=3' effect where additional sensors disproportionately improve coverage area, redundancy, and detection quality. senseEDGE performs well in harsh conditions including heavy rain, fog, snow, and partial visibility, and supports thousands to tens of thousands of concurrent object tracking per deployed unit. Cron AI serves applications including multi-lane free-flow autonomous tolling across India, intelligent traffic systems, crowd and queue management, smart security for airports and runway incursion prevention, smart parking, and smart city traffic signal optimization. The company partners with RoboSense, Lumotive, BlueBand, Innoviz, Sparsh, and D2 Traffic Technologies, with deployments in India and Atlanta. Founded in 2015 and headquartered in London, United Kingdom, Cron AI has raised $6.7M in Series A funding from investors including Ventureast, Kitaki Ventures, YourNest, Techstars, and Cisco.

Business model

Industrial Robotics > Tech Enablers > Software > Visual Perception,

Road Transport Tech > Traffic Management > Traffic Monitoring and Analytics > Diversified > Sensor > Lidar,

Photonics > Quantum Optics > Applications > Scanning and Surveying > LiDAR

Founders & team highlights

Serial Founder

Team background

College Wise > University of Cambridge

Institutional investors

Ventureast Kitaki Ventures YourNest Techstars Cisco Gagan Chopra Sunder Hemrajani Rajul Jain Sunil Kumar Chhabra Sunil Chhabra Mitali Bapat Paramnoor Singh

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