SiLC Raises $25m for LiDAR Sensor
20 November 2023
GeoSpatial World
AI Generated Summary
SiLC Technologies has received an additional $25 million in funding, bringing its total to $56 million from its Seed and Series A.
The company’s on-chip FFAW LIDAR, which is competitive in terms of sensor performance, chip integration, and manufacturing know-how, is set to bridge the AI gap for machine vision.
New strategic participants in the round include Hokuyo Automatic, Hankook & Company, and ROHM Semiconductor, all industry leaders with a focus on industrial, robotics, and mobility vision.
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