Woven Planet buys Carmera

Update: August 6, 2023
Woven Planet buys Carmera

The acquisition of Carmera will accelerate AMP’s shift from the R&D stage to the next phase of commercialisation by bolstering the platform’s engineering team with top experts in the development of HD maps and providing access to Carmera’s  map update, change management and IoT sensing technology.

Together, the teams will tap into Carmera’s ability to successfully update HD maps from crowdsourced, camera-based inputs—a significantly cheaper and faster approach than traditional methods.

This will strengthen AMP’s ability to serve a comprehensive set of road classes and features, reflecting changes in lane markings, traffic signals, signs and more in near real-time, and support its future multi-regional commercial launch.

Founded in 2018 as Toyota Research Institute, Woven Planet Group is composed of four complementary companies: Woven Planet Holdings, Woven Core, Woven Alpha, and Woven Capital.