{"id":37203,"date":"2022-05-19T18:26:35","date_gmt":"2022-05-19T16:26:35","guid":{"rendered":"https:\/\/autoestrada.ch\/?p=37203"},"modified":"2022-05-19T18:26:37","modified_gmt":"2022-05-19T16:26:37","slug":"self-driving-technology-firm-sensible-4-receives-e8-million-to-boost-sustainable-transport","status":"publish","type":"post","link":"https:\/\/autoestrada.ch\/en\/self-driving-technology-firm-sensible-4-receives-e8-million-to-boost-sustainable-transport\/","title":{"rendered":"Self-Driving Technology Firm Sensible 4 Receives \u20ac8 Million to Boost Sustainable Transport"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>Sensible 4\u2019s software enables vehicles to operate under the most challenging weather conditions, including snow, heavy rain, fog and sandstorms. Autonomous driving contributes to sustainable transport, reducing the number of traffic accidents and carbon dioxide and polluting emissions. It also provides a solution to the shortage of public transport and logistics drivers in Europe.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The European Investment Bank (EIB) has granted an \u20ac8 million loan to Sensible 4 Oy, an innovative Finnish self-driving technology company that offers a complete and flexible autonomous driving software. The software enables self-driving and assisted-driving vehicles to operate under difficult weather conditions, including snow, heavy rain, fog and sandstorms, even in the absence of well-marked lanes. The loan is part of the European Guarantee Fund\u2019s venture debt product to provide liquidity to small and medium-sized companies affected by the pandemic.<\/p><div class=\"autoestrada-nel-contenuto autoestrada-entity-placement\" id=\"autoestrada-1617689068\" style=\"position: relative;padding: 30px;border: 2px solid red;margin: 25px auto 35px;text-align: center;width: fit-content;\"><div class=\"autoestrada-adlabel\">Advertising<\/div><div id=\"autoestrada-1661620511\"><!-- START ADVERTISER: from tradedoubler.com -->\r\n<script type=\"text\/javascript\">\r\nvar uri = 'https:\/\/impfr.tradedoubler.com\/imp?type(img)g(25346028)a(2263928)' + new String (Math.random()).substring (2, 11);\r\ndocument.write('<a href=\"https:\/\/clk.tradedoubler.com\/click?p=289682&a=2263928&g=25346028\" target=\"_BLANK\"><img src=\"'+uri+'\" border=0><\\\/a>');\r\n<\/script>\r\n<!-- END ADVERTISER: from tradedoubler.com --><\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are excited that the EIB sees the potential in our technology and is financing us in this early stage. The money has helped us finalise our baseline product and will now help us continue to pre-production with our non-exclusive partners, targeting mass-production\u201d, says <strong>Harri Santamala<\/strong>, CEO of Sensible 4. The first Sensible 4 product is ready for pre-production.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The introduction of autonomous driving technologies could help reduce the number of traffic accidents, which are mainly due to human error, and accelerate the adoption of zero-carbon emission vehicles, particularly in urban areas, thus reducing carbon dioxide and polluting emissions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Discussing the challenges Sensible 4 wants to tackle, Santamala adds: \u201cOn top of how shared, autonomous and electric transport is a sustainable option, self-driving vehicles also bring a solution to the acute driver shortage in Europe. Expanding public transport and increasing logistics would require even more drivers, and a self-driving fleet with remote operations is a great way to solve that problem.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to EIB Vice-President <strong>Thomas \u00d6stros<\/strong>:&nbsp;\u201cThe automotive industry, including autonomous driving, is going through a radical transformation revolution with a high potential to reduce the carbon footprint from transport. Our financing for Sensible 4, a leader in addressing the widely recognised problem of autonomous operations in bad weather conditions, shows the EIB\u2019s commitment to supporting European innovation leaders and more sustainable transport methods.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a spin-off of Aalto University, the company builds on over 30 years of research and development experience in the robotics and autonomous driving technologies sector. The EIB financing will enable the company to accelerate R&amp;D expenditures related to the technology, as well as product development, following a period where its growth was hampered because of the pandemic. The company expects to reach the commercial stage soon and become a leading provider for the automotive sector in Europe and Asia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>More&nbsp;Information<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Sensible 4 Oy<\/strong> is a Finnish self-driving technology company that has solved a major obstacle in autonomous driving, varying weather. The company develops SAE Level 4 full-stack autonomous driving software that turns any vehicle into self-driving. The unique technology combines software and information from several different sensors, enabling vehicles to operate in all weather conditions, including snowfall and fog.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The founders of Sensible 4 have been developing autonomous vehicles since the \u201880s. The technology has won multiple awards, including 1st place in the Dubai World Challenge for Self-Driving Transport 2019 competition and the Finnish Engineering Prize in 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/link.mediaoutreach.meltwater.com\/ls\/click?upn=jgTZLMYBLcEdQc-2Bu2CioBToKGm2ilqlkwGcN0ikdF6A-3DMUkS_JmTL-2B48xyW7Yn2O51uC4oqA3fGtKcxfNt9umeuCzdgUSr6ZmC8-2F7HV04NWatNSojWgFD4fqlzNt4k3UrWuNOiTSfYmkVjvtU58ZnywtA0vfV1-2F1SsZKU27Sa5-2BXUFhVbUkxfNQ6iF6jNVLCJKld8dxaFXK-2BaBL744DG5Oyl4krNs8ho2RIm44jXwk3jbIOsl8pkH6MoalnLjtHvy1STF-2FETcf-2F4oV2W1kzwXytsswuMCkgy9IlcbI6lWQKQ9HfJHFp9vBx2kuXgEFRYfluetEaF-2FxvZTkkr574UHIo5BcuQ2LND-2FjHIA8QIRIvF26NB4XIfqKf-2FTiQfW8VpMW2FR2VKx3L-2Brgek-2BmBQgQn78SYmq6XOb-2FjLDGBjwJoMnuev-2Fd4m2Z75MVIWLF-2BcxhtOQUA-3D-3D\" target=\"_blank\" rel=\"noopener\">Sensible4.fi<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The European Investment Bank (EIB)<\/strong> is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/link.mediaoutreach.meltwater.com\/ls\/click?upn=EER0Ht8IWr0aJZpfJXBzq2UUWOd6emGqBib-2FOLht8vw-3D7cu-_JmTL-2B48xyW7Yn2O51uC4oqA3fGtKcxfNt9umeuCzdgUSr6ZmC8-2F7HV04NWatNSojWgFD4fqlzNt4k3UrWuNOiTSfYmkVjvtU58ZnywtA0vfV1-2F1SsZKU27Sa5-2BXUFhVbUkxfNQ6iF6jNVLCJKld8dxaFXK-2BaBL744DG5Oyl4krNs8ho2RIm44jXwk3jbIOsl8pkH6MoalnLjtHvy1STF-2FKQW4EHyYJ4Wcc9gQ2-2FnQOmq-2F2cibM8ldTUVpVMwzD5mA04btx-2F0oVQqlMf-2BcoEPbFuN3GqbSvXZUVgpzS5-2F7XtgO2WvqOBzkgrEgGybzfkACdt3-2FTTx0X2FifC-2Fb6XReQOeTortnz9U0jvO0jsin6L5N-2BUdteUMwmGdxK9L-2FZ89Dt29y9kcEqjWDBDQ6KBUVg-3D-3D\" target=\"_blank\" rel=\"noreferrer noopener\">www.eib.org<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sensible 4\u2019s software enables vehicles to operate under the most challenging weather conditions, including snow, heavy rain, fog and sandstorms. Autonomous driving contributes to sustainable transport, reducing the number of traffic accidents and carbon dioxide and polluting emissions. It also provides a solution to the shortage of public transport and logistics drivers in Europe. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":37204,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[],"class_list":["post-37203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/posts\/37203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/comments?post=37203"}],"version-history":[{"count":1,"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/posts\/37203\/revisions"}],"predecessor-version":[{"id":37208,"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/posts\/37203\/revisions\/37208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/media\/37204"}],"wp:attachment":[{"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/media?parent=37203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/categories?post=37203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/autoestrada.ch\/en\/wp-json\/wp\/v2\/tags?post=37203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}