SiLC Receives $25M to Develop Machine Vision for AI

SiLC Technologies Inc. has secured $25 million in funding to expand production to support designs for its Eyeonic vision solutions. The additional funding also supports continued product development, to enable the company to pursue further application deployments in mobility, robotics, smart cameras, security, and other markets.

The funding comes on the heels of SiLC’s introduction of four versions of its frequency-modulated continuous-wave (FMCW) lidar-based Eyeonic Vision System last month. The system uses AI in conjunction with machine vision for vision detection capabilities that span from short distances to over 1 km. In August, SiLC and indie Semiconductor partnered to integrate indie’s Surya system on a chip and SiLC’s Eyeonic Vision Sensor to enable coherent detection-based lidar platforms for next-generation sensing applications, including driver assistance, autonomous mobility, robotics, and industrial automation.

The funding takes SiLC’s raised total to $56 million, from both its seed and series A rounds. New investors in the round included Hokuyo Automatic, Hankook & Co., and ROHM Semiconductor. Existing investors include Epson, Sony, and Dell Technologies Capital.

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About SiLC Technologies

Published: November 2023

Glossary

machine vision: Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
artificial intelligence: The ability of a machine to perform certain complex functions normally associated with human intelligence, such as judgment, pattern recognition, understanding, learning, planning, and problem solving.
lidar: Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system. Here is how lidar works: Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
vision: The processes in which luminous energy incident on the eye is perceived and evaluated.
fmcw lidar: FMCW lidar stands for frequency-modulated continuous wave lidar. It is a type of lidar (light detection and ranging) technology used for remote sensing, distance measurement, and 3D mapping. FMCW lidar operates on the principle of sending out laser beams that are modulated in frequency and measuring the time it takes for the reflected light to return to the sensor. How it works: Frequency modulation: FMCW lidar emits laser beams with a continuously changing frequency. The laser...

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