ROVR Project Progress 2024/10/29
Last updated
Last updated
ROVR is a hybrid DePIN project that leverages specialized hardware, including LiDAR, RTK, and other automotive-grade sensors, to capture 3D data from public roads. Its goal is to produce HD maps for ADAS and autonomous driving and to create large-scale spatial AI training datasets. Additionally, ROVR can mirror the physical world into a virtual digital realm in real-time, achieving complete synchronization between the two. This foundation paves the way for boundless future possibilities.
The ROVR data network officially launched on September 2, 2024, and as of today, ROVR has achieved the following progress:
Over 800 users
1,500 units of hardware have been sold and delivered, with an additional 1,000 units on order that have already received deposits.
Mapped 20+ countries, covering more than 800,000 kilometers
At the request of our data customers, city-level mapping POC scheduled for mid-November
Seed Round (Still Open): Valuation of $30 million, offering 5% ($1.5 million)
(*ROVR guarantees the authenticity of all data. All ROVR hardware must utilize the GEODNET network; therefore, you can also inquire with GEODNET regarding the growth data of ROVR users and terminals.)
3.1 Over 1,500 TX hardware devices have been produced and delivered, with an additional 1,000 units on order scheduled for delivery in mid-November. Eight companies have already become global distributors for ROVR.
3.2 Over 800 registered users distributed across more than 20 countries, with a total mapping of over 800,000 kilometers.
3.4 The development of LC hardware (specialized equipment including LiDAR) has officially entered the DVT (Design Verification Testing) stage
3 LOIs(Letters of Intent) from different data customers have already been signed
Based on customer requirements, city-level mapping POC (in Paris) will commence in mid-November, with data delivery expected in January.
The following is based on the data collected over the past three weeks, specifically focusing on lane line segments created in the HD Map for technical validation
(Data collected by ROVR TX device in M25 Highway, UK)
(Data collected by ROVR TX device in San Francisco, USA)
DePIN Accelerator**:** $200,000 from the Basecamp organized by Outlier Ventures in collaboration with Borderless Capital and Peaq.
Seed Round (Still Open): Valuation of $30 million, offering 5% ($1.5 million). This round of financing will continue until December
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