SiLC, a Monrovia, CA-based company which specializes in silicon photonics, raised $25M in additional funding.
The round, which brought the total amount to to $56M, saw participation from Hokuyo Automatic, Hankook & Company, and ROHM Semiconductor, Epson, Yamato, UMC, Sony, Dell Technologies Capital and Alter Venture Partners.
The company intends to use the funds to expand production to support design wins for its Eyeonic Vision solutions as well as continued product development to further application deployments in mobility, robotics, smart cameras, security, and other markets.
Led by CEO and Founder Dr. Mehdi Asghari, SiLC provides a 4D+ Eyeonic Chip that integrates all photonics functions needed to enable a coherent vision sensor, offering a tiny footprint while addressing the need for low cost and low power. Its innovations are targeted to robotics, autonomous vehicles, biometrics, security, industrial automation, and other leading markets.
The new funding announcement follows SiLC’s most recent introduction of four versions of its FMCW LiDAR-based EyeonicTM Vision System. Bridging the artificial intelligence (AI) gap for machine vision, SiLC has engineered the Eyeonic Vision System for vision detection capabilities that span from short distances to over 1 km. The company points to AI as a driving factor for machines requiring the ability to perceive and understand their surroundings in the same way as humans.
FinSMEs
15/11/2023