SiLC Raises $17M in Series A Funding

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MONROVIA, Calif., May 28, 2021 — Machine vision company SiLC Technologies raised $17 million in a Series A funding round led by Alter Venture Partners and Technologies Capital. Following a $12 million seed round in 2020, the financing brings SiLC’s total funding to over $30 million and is aimed at its production of frequency-modulated continuous-wave (FMCW) chips for lidar (FMCW lidar) applications.

The additional financing will be used to expand the company’s operations and accelerate product development and production design milestones in anticipation of pre-production and product launch activities for its 4D+ Vision Chip.

Published: May 2021
An acronym of light detection and ranging, describing systems that use a light beam in place of conventional microwave beams for atmospheric monitoring, tracking and detection functions. Ladar, an acronym of laser detection and ranging, uses laser light for detection of speed, altitude, direction and range; it is often called laser radar.
machine vision
Interpretation of an image of an object or scene through the use of optical noncontact sensing mechanisms for the purpose of obtaining information and/or controlling machines or processes.
1. A localized fracture at the end of a cleaved optical fiber or on a glass surface. 2. An integrated circuit.
BusinesslidarFMCWFMCW lidarchip-scale FMCW lidarSiLC TechnologiesfundingSeries ASeries A fundingmachine vision4D+ Vision ChipAmericassiliconchip

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