A few bright spots remain in the autonomous vehicle industry even amid macroeconomic headwinds that have nearly shut off the spigot of venture capital and led to further consolidation.
Helm.ai, a startup developing software designed for advanced driver assistance systems, autonomous driving and robotics, is one of them.
The Menlo Park, California-based startup recently raised $31 million in a Series C round led by Freeman Group, just one year after it snagged $26 million in venture funding. This latest round, which included ACVC Partners, Amplo and strategic investors Honda Motor Co., Goodyear Ventures and Sungwoo Hitech, has pushed Helm.ai’s valuation to $431 million.
Brandon Freeman, founder o …
