San Diego-based Brain Corp. said on July 19 that it brought in $114 million in Series C funding. SoftBank Vision Fund led the round while Qualcomm Ventures was a repeat participant.
The company, based in Sorrento Mesa, offers software that lets vehicles navigate autonomously along a preprogrammed route. It has been equipping 800-pound floor scrubbing machines from an outside vendor with its technology.
The Brain software works with a variety of sensors on a vehicle. The system can sense its surroundings and avoid people.
The company said it plans to use its new funds to further develop artificial intelligence technology and create brains for multiple types of commercial and consumer robots.
Brain Corp. was previously part of Qualcomm (Nasdaq: QCOM). Eugene Izhikevich is CEO of Brain.