Persival receives seed financing
Marc Nemitz | 12.12.2024Persival secures seed funding to further develop synthetic sensor data for the automotive industry and beyond. A German OEM is already one of the first customers.
Wiesbaden/Darmstadt, December 12, 2024 - The deep tech startup Persival, a pioneer in the field of realistic sensor simulations, has received seed funding in an undisclosed amount. BMH Beteiligungs-Managementgesellschaft Hessen mbH is taking on the role of lead investor. Other investors include business angels such as Marius Dupuis (formerly of VIRES Simulationstechnologie), Robin Schubert, Eric Richter and Holger Löbel (formerly of Baselabs), as well as David Kelm and Yannic Ambach (formerly of IT-Seal).
Innovative sensor models
Persival develops synthetic sensor data that accurately represents the real environment in order to make the development and testing of autonomous driving functions more efficient and cost-effective. The company uses its own data analysis and validation software, based on many years of research and measurement solutions, to simulate realistic conditions, such as wet roads or poor visibility.
In BMH and our business angels, we have found strong partners who support us with capital and valuable expertise. Our goal is to make synthetic sensor data an indispensable tool in the development of autonomous vehicles.
Dr. Philipp Rosenberger, founder and CEO of Persival
Persival's solutions are used by leading OEMs in the automotive industry, who use the simulation models to carry out safety-relevant tests - such as object recognition in difficult weather conditions. The technology not only has potential in the automotive industry, but is also used in agriculture, rail transportation and robotics.
The need for reliable sensor models is growing with the increasing demand for automated systems. Persival provides a solution that is essential for the development of automated vehicles.
Christoph Wolf, BMH representative
The startup plans to expand its software licensing business and further develop its solutions in the areas of reflective properties, radar simulation and model validation.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies
FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?