Computer Vision Technology Startup Brodmann17 Has Shut Down

Computer Vision Technology Startup Brodmann17 Has Shut Down

Brodmann17, an Israeli computer vision startup that has taken a new approach to entering a market dominated by Mobileye, closed this week.

Brodmann17 co-founder and CEO Adi Pinchas announced the move to LinkedIn, saying that while the company won't be able to bring its products to the mass market as it had hoped, "we're confident that our innovation will hopefully make an impact." on the market. Thinking and others will continue their mission to create safer mobility for everyone.

In a later interview, Pinchas told TechCrunch that he felt "a strong sense of sadness because we've proven the technology, there's a lot of demand, and we have customers in production."

Brodmann17, named after the primary human visual cortex, was created six years ago by deep learning and computer vision specialist Pinchas and artificial intelligence scientists Amir Alush and Assaf Mushinski. The trio have focused their efforts on developing a new approach to computer vision technology designed to support advanced driver assistance systems.

Computer vision systems are considered an integral part of automated driving functions. This multibillion-dollar market only promises to grow as automakers move away from their autonomous vehicle goals and instead focus on short-term revenue-generating products such as advanced driver assistance systems.

According to Pinkhas, Brodmann17 knew he couldn't compete with Mobileye in front-facing cameras if he couldn't bring a new angle to the technology. “So we focused on the blue ocean,” he added.

This blue ocean should develop deep learning based computer vision technology that does not depend on bulky hardware. This "light" software product could run on inexpensive processors in the car itself and was designed to complement the sensors already installed in the car, such as cameras, radars, and even lidars.

According to Pinkhas, Brodmann17 has applied its technology to blind-spot cameras, surround and reversing cameras, video telematics and even two-wheelers.

“The demand in the market is much more diverse than people think,” he said. “We have chosen a path that many other companies in the ecosystem have not taken. We just needed more time."

The startup has attracted investors throughout its life. Brodmann17 raised $11 million in a 2019 Series A round led by OurCrowd. Also present were Maniv Mobility, AI Alliance, UL Ventures, Samsung NEXT and Sony Innovation Fund.

But the company struggled to raise new funds. While the team is "very small" at less than 30 people, Pinchas said it would be impossible to continue without the support of private firms and venture capital firms. He added that "everyone" is waiting for next year and something will happen before new investments are made.

Brodmann17 has generated some interest as a possible acquisition target. He added that there were several proposals, but they were all rejected, mainly due to lack of time.

Despite the grim news, Pinchas said he was ready for another project.

“I love deep technology and new product development,” he said, without specifying what he might focus on. "Life is too short to break up."

Computer vision startup Brodmann17 has been shut down by Kirsten Korosek, originally posted on TechCrunch.

Conference on Computer Vision and Pattern Recognition: Advances in Deep Learning | Brodmann17

51 thoughts on “Computer Vision Technology Startup Brodmann17 Has Shut Down

  1. Woah! I’m really digging the template/theme of this site.
    It’s simple, yet effective. A lot of times it’s hard to get that “perfect balance” between usability and
    appearance. I must say you have done a awesome job with this.
    In addition, the blog loads very quick for me on Chrome.
    Superb Blog!

    my web blog – the growth matrix reviews

  2. Having read this I believed it was rather informative.
    I appreciate you spending some time and energy to put this informative article together.

    I once again find myself personally spending way too much time both reading and commenting.
    But so what, it was still worthwhile!

    My page … pronerve 6

  3. I’m extremely pleased to find this great site. I want to to thank you for
    ones time for this particularly wonderful
    read!! I definitely savored every little bit of it and i also have you book marked to look at new information in your site.

    Check out my webpage: nerve fresh reviews

  4. I don’t know if it’s just me or if everybody else encountering issues with your website.
    It appears as if some of the written text on your
    posts are running off the screen. Can somebody else please provide feedback and let me know if this is
    happening to them too? This may be a issue with my web browser because I’ve had this happen previously.
    Thank you

    Here is my homepage; how good is provadent

  5. With havin so much content do you ever run into any issues of plagorism or copyright violation? My site has a lot of completely unique content
    I’ve either authored myself or outsourced but it seems a lot of it is popping it up all over the web without my
    agreement. Do you know any techniques to help prevent content
    from being ripped off? I’d definitely appreciate it.

    Also visit my web page … pronerve 6 ingredients

  6. I like the helpful information you supply to your articles. I will bookmark your weblog and test again right here regularly. I am relatively certain I will be informed a lot of new stuff right right here! Best of luck for the next!

  7. naturally like your web-site but you need to check the spelling on several of your posts. A number of them are rife with spelling problems and I find it very bothersome to tell the truth then again I will definitely come back again.

  8. Heya i am for the first time here. I found this board and I in finding It truly useful & it helped me out much.

    I’m hoping to offer one thing back and aid others like you helped me.

    Visit my blog pronerve 6

  9. I’d have to examine with you here. Which is not one thing I usually do! I take pleasure in reading a post that may make folks think. Additionally, thanks for permitting me to comment!

  10. Does your blog have a contact page? I’m having problems locating it but, I’d like
    to send you an email. I’ve got some ideas for your blog you might be
    interested in hearing. Either way, great website and I look forward to seeing it expand over time.

    Also visit my web-site :: ULTRA K9 PRO

  11. Needed to compose you that little bit of note so as to say thanks yet again about the nice tips you’ve provided above. It was really tremendously generous of you giving publicly all a lot of people could possibly have marketed for an e-book to generate some money on their own, principally considering the fact that you could have tried it in the event you considered necessary. Those principles as well served like the great way to comprehend many people have a similar eagerness similar to mine to realize more with regard to this matter. I know there are a lot more fun situations ahead for folks who look over your blog post. tonic greens

Leave a Comment

error: Content is protected !!