Zadar Labs Inc., a San Jose, Calif.-based company developing high-resolution, low-cost imaging radars for autonomous systems, raised $5.6M in seed funding.
The round was led by Tim Kentley Klay, founder of autonomous vehicle companies Zoox (acquired by Amazon) and HYPR. Other investors include Leslie Ventures, Jeff Rothschild, Plug and Play, and Mentors Fund.
Founded in 2019 by a pair of autonomous vehicle veterans, Mahmoud Saadat and Mo Emadi, Zadar Labs is developing imaging radar platforms to empower perception systems. Its solid-state imaging radar is weather invariant, power-efficient, has range returns out to hundreds of meters, performs doppler measurements, and can be packaged behind facias (eliminating the need for optical cleaning).
Zadar has already released their mid-range sensor, zSIGNAL, reaching 250 meter range. The sensor is currently under evaluation by several customers in the autonomous vehicle space. The company is looking to further support customers in 2021 through the launch of their long-range sensor, zPRIME. The new platform will be capable of 400 meter range with resolution comparable to LiDAR.
FinSMEs
29/01/2021