Baraja has announced a Series A investment of $32 million from Sequoia China, Blackbird Ventures, and the CSIRO Innovation Fund managed by Main Sequence Ventures.
Baraja is known for its LiDAR system that uses prism-like optics and shifting wavelengths of light to create powerful eyes for self-driving vehicles.
For customers, the differentiating factor with the Spectrum-Scan approach to LiDAR is the ability for self-driving software to instantaneously change scan resolution and adapt to the environment, similar to how humans can control their visual focus.
The Spectrum-Scan technique allows Baraja’s LIDAR to be software-defined, meaning it can be directly controlled and reconfigured by perception algorithms in response to changing environments and driving conditions, allowing for better safety and a quicker path for self-driving vehicles to go to market.
The company aims to use the funding to scale production, hire talent and continue its mission to enable safer autonomous driving. The company will also demonstrate its products at CES 2019.
Source: Press Release