Scale AI acquired SiaSearch — the price of the deal was not disclosed. According to a press release, the SiaSearch team will be working on Scale’s flagship product, the Nucleus platform.
Investments in Scale AI are available to shareholders of the fund managed by Raison Asset Management.
Together with the takeover of the German company, Scale intends to expand its presence in the European market and attract new partners. Including the German car manufacturers Volkswagen and Porsche, with which SiaSearch already cooperates.
SiaSearch is a Berlin-based startup that is developing a “search engine” based on data received from unmanned vehicles. We are talking about the petabytes of data (images, videos, etc.) that are generated by the sensors of unmanned vehicles.
The search engine structures and indexes raw datasets, making it easier for engineers to operate. In addition to unmanned vehicles, SiaSearch offers solutions for retail, robotics, satellites and drones, and security systems.