Neural Propulsion Systems - About the company
Neural Propulsion Systems is a series B company based in Pleasanton (United States), founded in 2017. It operates as a Provider of AI-based autonomous visual sensing systems for automotive. Neural Propulsion Systems has raised $17.5M in funding from Cota Capital and RTX. The company has 12 active competitors, including 8 that are funded. Its top competitors include companies like bitsensing, Uhnder and Provizio.
Company Details
Provider of AI-based autonomous visual sensing systems for automotive. It enables autonomous driving using computer vision technology to reduce accidents. Its offering includes AI visual chips and image processing systems. It uses computer vision and Lidar technologies. It is applicable for taxis, trucks, and passenger vehicles.
- Website
- nps.ai
- Email ID
- *****@neuralpropulsion.com
Key Metrics
Founded Year
2017
Location
Pleasanton, United States
Stage
Series B
Total Funding
$17.5M in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among 12 active competitors
Employee Count
12 as on Jul 31, 2026
Legal entities associated with Neural Propulsion Systems
Neural Propulsion Systems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Neural Propulsion Systems, Inc CIN: 832829801 , United States, Active | Dec 31, 2016 | - | - | - |
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Neural Propulsion Systems's funding and investors
Neural Propulsion Systems has raised a total funding of $17.5M over 2 rounds. Its first funding round was on Mar 02, 2023. Its latest funding round was a Series B round on Mar 07, 2024 for $*****. 3 investors participated in its latest round. Neural Propulsion Systems has 5 institutional investors.
Here is the list of recent funding rounds of Neural Propulsion Systems:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 07, 2024 | 8352302 | Series B | 1204097 | 9787287 | 2165803 | 6761191 |
Mar 02, 2023 | 1932025 | Series B | 2470502 | 8033825 | 4238775 |
View details of Neural Propulsion Systems's funding rounds and investors
Neural Propulsion Systems' founders and board of directors
Founder? Claim ProfileNeural Propulsion Systems' employee count trend
Neural Propulsion Systems has 12 employees as of Jul 26. Here is Neural Propulsion Systems's employee count trend over the years:
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Neural Propulsion Systems's Competitors and alternates
Top competitors of Neural Propulsion Systems include bitsensing, Uhnder and Provizio. Here is the list of Top 10 competitors of Neural Propulsion Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | bitsensing 2018, Seongnam-si (South Korea), Series B | Developer of radar technology for automotive, smart city, and healthcare | $42M | 57/100 | |
2nd | Neural Propulsion Systems 2017, Pleasanton (United States), Series B | Provider of AI-based autonomous visual sensing systems for automotive | $17.5M | 52/100 | |
3rd | Uhnder 2015, Austin (United States), Series D | Provider of low-power consuming chips for IoT applications | $145M | 45/100 | |
4th | Developer platform for radar based perception and sensing | $6.2M | 40/100 | ||
5th | Metawave 2017, Carlsbad (United States), Deadpooled | Wireless antennas provider | $43M | 40/100 | |
6th | Provider of 4D imaging radar sensors for various industries | - | 39/100 | ||
7th | Altos Radar 2023, Los Altos (United States), Seed | 4D imaging radars for autonomous driving systems | $3.5M | 38/100 | |
8th | AI-powered perception solutions for autonomous vehicles | $27.4M | 38/100 | ||
9th | Aura Intelligent Systems 2019, Boston (United States), Funding Raised | Provider of radar imaging solution for drones and autonomous vehicles | - | 30/100 | |
10th | Waveye 2022, Palo Alto (United States), Unfunded | Provider of perception solutions with radio imaging and AI | - | - | 27/100 |
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Neural Propulsion Systems's Investments and acquisitions
Neural Propulsion Systems has made no investments or acquisitions yet.
Reports related to Neural Propulsion Systems
Here is the latest report on Neural Propulsion Systems's geography:
News related to Neural Propulsion Systems
Media has covered Neural Propulsion Systems for 1 event in last 1 year, It was about company updates.
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NPS Launches World's First AI-Powered Hyper-Definition RadarPR Newswire•Dec 11, 2024•Neural Propulsion Systems
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USA-based Neural Propulsion System (NPS) raises USD 17.5 million in Series BVcbay News•Mar 09, 2024•Neural Propulsion Systems, GM Ventures, General Motors, Cota Capital and 1 other
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Former cable exec Marwan Fawaz appointed to Ubicquia boardLight Reading•Feb 22, 2023•Ubicquia, Google, Nest, Motorola Mobility and 9 others
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