Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

TriEye Raises Capital for Next-Gen SWIR Tech, Appoints Board Member

Facebook Twitter LinkedIn Email
TriEye, a developer of CMOS-based SWIR sensing solution for mass-market applications, raised $74 million in new capital. The round was led by M&G Investments and Varana Capital, with participation from Samsung Ventures, SDF (the investment arm of Tawazun Holdings), Deep Insight, Allied Group, and Discount Capital, along with follow-on investors Intel Capital, Porsche Ventures, Marius Nacht, and Grove Ventures. The round brings TriEye’s total funding to $96 million.

The funds will be used to commercialize SEDAR (spectrum-enhanced detection and ranging), TriEye’s imaging and ranging solution for advanced driver assistance systems and autonomous vehicles. The technology uses the SWIR spectrum to produce high-definition image data and a detailed depth map in all weather conditions.

In a separate move, the company appointed Hans Rijns, former CTO of NXP Semiconductors, to its advisory board. Rijns has more than 25 years of experience in R&D management and business strategy. In his career, he has published more than 40 scientific publications and he holds seven patents.
Dec 2021
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.
Businessmachine visionADASautonomous vehiclesSWIRSensors & DetectorsimagingSEDARTriEyefundinginvestmentcapitalCMOSAdvisory BoardHans Rijns

Submit a Feature Article Submit a Press Release
Terms & Conditions Privacy Policy About Us Contact Us
Facebook Twitter Instagram LinkedIn YouTube RSS
©2023 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.