Kneron raises $25 million to develop smart city technology

Kneron, a provider of full stack edge AI solutions, announced $25 million in funding today. Kneron is looking to advance autonomous driving technology from the inside and outside of the vehicle. The funding comes from LITEON Technologies, as well as Alltak, PalPilot and Sand Hill Angels.

Kneron was founded in 2015, and is based in San Diego. In January 2021, the company announced that it had received strategic investments from Foxconn, the world’s largest electronics manufacturer, and Winbond, a producer of semiconductors and integrated circuits.

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