JITO Angel Network (JAN), a community-based angel network in India, has joined a group of angel investors in investing $1.7 million in the seed round of self-driving vehicle start-ups, Minus Zero.
JITO Angel Network joined Chiratae Ventures, which led the investment round, and other investors including senior executives from NVIDIA and Lyft, based out of the San Francisco Bay area.
Led by Gagandeep Reehal and Gursimran Kalra, Minus Zero is building affordable, fully autonomous vehicle fleets that are capable of fully driverless manoeuvres in unstructured and disorganized traffic scenarios.
Its technology is powered by proprietary nature-inspired AI that is less dependent on extensive data and costly sensor suites such as LiDAR, and mini supercomputers on-vehicle.
