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Semiconductor Company Renesas Partners With Computer Vision Company Cortica

As part of the collaboration, Cortica’s artificial intelligence technology will be embedded into Renesas’ new system-on-chip for the automotive industry

CTech 11:3810.01.19
Tokyo-listed semiconductor company Renesas Electronics Corporation has partnered with Tel Aviv-based computer vision company Cortica Inc., the companies announced Tuesday. As part of the collaboration, Cortica’s artificial intelligence technology will be embedded into Renesas’ new system-on-chip for the automotive industry. The financial terms of the deal were not disclosed.

 

Founded in 2007, Cortica has raised $37.9 million to date from investors including Horizon Ventures, Samsung Ventures, and the Technion-Israel Institute of Technology, according to Pitchbook data.
Cortica's chief operating officer Karina Odinaev. Photo: Orel Cohen Cortica's chief operating officer Karina Odinaev. Photo: Orel Cohen

 

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