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InterVest led a $36m Series C funding round in Phantom AI.

Synopsis

InterVest, a venture capital firm a specializing in startups and early-stage business investments, led a $36m Series C funding round in Phantom AI, a startup providing a comprehensive autonomous driving platform featuring computer vision, sensor fusion and control capabilities, with participation from KT Investment, Renaissance Asset Management, Shinhan GIB, and Samsung Ventures. "This funding validates investor confidence in not only our mission to save lives through innovative visual perception technology but also our ability to execute on this mission. We're focused on developing and expanding our product offerings, enhancing our marketing and sales efforts and accelerating our business growth with the goal to give customers the best possible multi-camera vision solutions in the market," Hyunggi Cho, Phantom AI Co-Founder and CEO.

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