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TetraVue Secures $10M in Series A funding

TetraVue intends to make collecting high resolution 3D data and imagery simple and cost effective as autonomous cars become a reality within the next few years. The funding will enable TetraVue to bring its Ultra High Definition, Solid State Flash LIDAR to the autonomous car industry, and to be the leader in Vision for Things (VfT).

Tetrevue-t'wireTetraVue has announced today the close of its Series A funding at $10M. The financing is led by Robert Bosch Venture Capital and Nautilus Venture Partners, and joined by Samsung Catalyst Fund as well as Foxconn. The funding will enable TetraVue to bring its Ultra High Definition, Solid State Flash LIDAR to the autonomous car industry, and to be the leader in Vision for Things (VfT).

TetraVue intends to make collecting high resolution 3D data and imagery simple and cost effective as autonomous cars become a reality within the next few years. It has been developing partnerships with car manufacturers, auto AI software developers, and other hardware makers to be an intricate part of what can only be described as the “eyes and brain” of self-driving vehicles.

TetraVue’s Ultra High Definition resolution helps robust identification of unexpected and dangerous obstacles at 100s of meters that is not being done on cars today—and needed to reach true autonomy. As on-board computers will make split second decisions to adapt to road conditions and react to the unexpected, car vision and LIDAR systems will have to determine at a safe distance what the nature of the obstacle is accurately and instantly; distance alone scanned a few points at a time is insufficient.


 

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