MultiVu has announced the completion of a $7M seed round led by Israel’s most active venture investor OurCrowd, Cardumen Capital and Hong Kong based investment firm Junson Capital.
MultiVu is an Israeli startup company developing state-of-the-art 3D Imaging sensors for mobile, automotive, industrial and medical applications. The company is known for its proprietary 3D imaging solutions that it develops using a single sensor and deep learning derived algorithms. The company claims its single sensor solutions are inexpensive, compact and energy efficient.
Its technology is based on four years of research conducted by Prof. David Mendlovic and his team from the Faculty of Engineering at Tel Aviv University (TAU). The market for 3D Imaging applications is growing exponentially, and MultiVu intends to become a major player in this sector.
MultiVu aims to use the funding to complete development of its first sensor product for 3D Face Authentication applications. Funds will also be used for marketing and business development activities.
Source: Press Release