Arbe, a Tel Aviv, Israel-based provider of next-generation 4D Imaging Radar Chipset Solution, enabling high-resolution sensing for ADAS and autonomous vehicles, raised $32m in Series B funding.
Backers included Catalyst CEL, BAIC Capital, AI Alliance (Hyundai, Hanwha, SKT), and MissionBlue Capital, and earlier investors Canaan Partners Israel, iAngels, 360 Capital Partners, O.G. Tech Ventures, and OurCrowd.
The company intends to use the funds to expand its team and move to full production of its radar chipset.
Led by CEO Kobi Marenko, Arbe is a provider of next-generation 4D Imaging Radar Chipset Solution, which enables high-resolution sensing for ADAS and autonomous vehicles. The company’s technology produces detailed images, separates, identifies, and tracks objects in high resolution in both azimuth and elevation in a long range and a wide field of view, and complemented by AI-based post-processing and SLAM (simultaneous localization and mapping).
The company also has offices in the United States and China.
FinSMEs
16/12/2019