Tier IV, Inc. has raised about $9 million from Quanta Computer, Inc. in a Series A extension round following the previous $100+ million Series A funding. This latest funding engages Quanta Computer and Tier IV to develop a new reference model of electronic control units (ECUs) for autonomous driving.
The current state of the art in autonomous driving requires low-power and high-performance ECUs with functional safety features. The strategic collaboration of Quanta Computer and Tier IV will discover a desired specification for those ECUs as a reference model based on the best practice integration of Autoware, a full-stack open-source software platform for autonomous driving.
Quanta Computer has already developed a prototype of Autoware-integrated ECUs and conducted a field test using a real vehicle in cooperation with Tier IV. This core offering of Autoware-integrated ECUs will support key initiatives in production of multiple levels of autonomous driving.
Quanta Computer is a Fortune Global 500 Companies and the world’s leading provider for notebook computers and other technology products. Founded in 1988, Quanta Computer is headquartered in Taiwan with major operation facilities set up in Asia, Canada, North America, South America, and Europe. Quanta Group currently employs over 90,000 employees worldwide with consolidated revenues amounting to US$34 billion for fiscal year 2018.
Tier IV is a Japan-based start-up Japan leading the development of the first open-source software for autonomous driving (Autoware); Tier IV has applied it for the proof-of-concept of last-mile driverless mobility and logistics.