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Ubicept Raises $8M in Seed Round

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BOSTON, July 28, 2023 — Computer vision technology company Ubicept secured $8 million in a seed investment round to expand its team, secure further intellectual property rights, and provide product to more customers across several industries.

Ubicept’s technology uses single-photon sensors to turn the individual photons that hit an imaging sensor into a reliable computer vision output, according to the company. The resulting perception system can operate in extreme lighting conditions, capture sharp images of high-speed motion, and “see” around corners. The company said that it is targeting a price point similar to conventional camera systems.

Ubicept was founded in 2021 as a spinout from the MIT Media Lab. Earlier this year, the company brought to market its debut product kit, which features a complete perception system that the company said will enable robust vision for industries such as aviation, automotive, trucking, specialty vehicles, and robotics.

Published: July 2023
Glossary
computer vision
Computer vision enables computers to interpret and make decisions based on visual data, such as images and videos. It involves the development of algorithms, techniques, and systems that enable machines to gain an understanding of the visual world, similar to how humans perceive and interpret visual information. Key aspects and tasks within computer vision include: Image recognition: Identifying and categorizing objects, scenes, or patterns within images. This involves training...
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...
seed
1. In glass, a solid inclusion having a small diameter. 2. A particular, single crystal that, after undergoing the Czochralski method, evolves into large single crystals.
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