Phantom AI, a startup developing an autonomous driving platform with computer vision, sensor fusion and control capabilities, has secured $36.5 million (€33.1 million) in its Series C funding round.

The firm’s existing investors, KT Investment and Renaissance Asset Management, contributed alongside new investments from InterVest, Shinhan GIB, and Samsung Ventures. The funds raised from the new round will help Phantom AI accelerate the current series production development with major OEMs.

Following the Series C funding, the company confirmed that it has raised a total of $80.2 million (€72.9 million) since its founding in 2017.