STRADVISION Perceiving the Road Ahead - Visual Intelligence Pioneer

Vi s u a l I n t e l l i g e n c e Pi o n e e r

STRADVISION
   Perceiving the Road Ahead

2
Company Overview

• Founded in 2014 and co-headquartered in USA and Korea

• Develops deep learning based perception software for ADAS and Autonomous Vehicles

• 5 mass-production projects with automotive OEMs in China and Germany: first SOP1) in 2019

• 75 US patents issued and 79 pending: +4 Non-US patents issued with 68 pending

• 100 Employees: total 85 engineers in data, algorithm, optimization, software and QA

• Doubled revenue from $1.9M in 2017 to $4.0M in 2018 : 94 % from automotive customers

• Accumulated funding is $14M from Hyundai Motor Company, Hyundai Mobis, LG Electronics and
  Global Brain; Raising $20M of Series B

  1) SOP: Start of production

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Leader in IP & Adaptation
StradVision is at the forefront of identifying, utilizing, and adapting cutting edge platforms

Pragmatic innovator – 75 US patents issued, 79 in progress
   •     Patents about application of deep neural networks (DNN):
         efficient implement, training, faster inference, data engineering, and optimization
   •     Demonstrated the key idea of the IP via intensive experiments and optimization results

Goal-oriented Quick Execution
   •     Constantly implementing DNN based object detection on embedded platforms within short periods (3~6 months)

TX1/TX2                      S820A     R-Car H3/V2H              TDA2x             R-car V3M      R-car V3H           Exynos8
                                                                                    ZCU-102        SDM845

’16 3Q                       ’17 1Q        ’17 3Q               ’17 4Q               ’18 2Q        ’18 3Q             ’18 4Q

       1) DNN: Deep Neural Network

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Product – SVNet External
SVNet External enables vehicles to execute ADAS and self-driving functions

                                                           Display

                                                          Platforms

                                              R-Car                   S32V    TX2&

                                                                 Snapdragon   DPX2
                                              TDA

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Product – SVNet Internal
SVNet Internal monitors both driver’s and passenger’s status to enable a safe driving experience

           Functions                                       Display
•   Simultaneous driver &
    passenger detection and
    assessment
     •   Gaze Detection
     •   Drowsiness Detection
     •   Age & Gender
         Detection

           Platforms
                          R-Car

                          TDA

                  Snapdragon
                          CPU

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Product – SVNet Tools
SVNet Tools enables operational efficiency by guaranteeing data independence
          Functions                                       Display
• Auto Labeling System
     • Human intervention is
       required ~5% of the time
• Data Training Suite
• Platform Optimization Suite

          Platforms

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               Products on the Road
               Total 6.8 million vehicles are planned to be on the road with SVNet software

               Unit: EA

                                                                                                     20K
AV (Level4)

                                                         100K                6,500K
      ADAS (Level2)

                                                  148K
                                                                    80K
After Market

                      2017   2018   2019                                   2020               2021   Image source: freepik

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Towards Mass Production
Since our inception, StradVision has successfully set up mass-production level technology and
commercial stacks for deep learning-based software.

                   Compliance – EuroNCAP & GB (Guobiao)

                        Process – ASPICE CL 2 & ISO 26262

                            Hardware-specific Optimization

                                 Collision Estimation

                                     DL Based Perception

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Business Potential
While existing business is expected to start to bring in significant license revenue from 2021,
R&D efforts will open new opportunities for additional revenue streams

Revenue Projection (M$)

160                                                                                       • With the first Start of
                                     Upside potential                                       Production(SOP) in 2019, license
140

120                                                                                         revenue will hit $10M in 2021,
                              Phase 2:
100                                                                                         then rapidly grow
                              Collecting license revenue
80
                                                                                          • Current R&D efforts are in
60
        Phase 1:                                                                            sensor fusion, Driver Monitoring
40
        Prototype  Production
                                                                                            System(DMS) and AI Tools.
20
                                                                                            These technology will open
 0
      2018(A)     2019      2020     2021       2022       2023   Sensor   Tools   2023     opportunities in more
                                                                  Fusion
                                                                                            aggressively growing markets
                ADAS with exterior/interior cameras