WaveSense, Inc., a Somerville, Mass.-based developer of military-proven ground-penetrating radar (GPR) for autonomous vehicles, closed a $3M seed funding round.
The round was led by Rhapsody Venture Partners, with participation from Vas Ventures, Nomo Ventures, and other VC firms.
The company intends to use the funds for the development of a commercial version of its military proven sensor.
Founded in 2017 and led by Tarik Bolat, CEO, WaveSense offers navigation based on ground penetrating radar to enable self-driving vehicle vehicles to navigate any road safely, precisely and reliably in all conditions. the company is the exclusive worldwide license holder for utilizing ground-penetrating radar for localization of vehicles.
Using ground-penetrating radar, WaveSense creates subterranean maps by scanning up to 10 feet below the roadbed to lock on to unique underground features like soil layers, rocks and pipes. As the vehicle drives, the sensor scans the road bedding about 126 times per second and compares the scans to its onboard map to determine the exact vehicle position in relation to the vehicle’s road lane.
This mode of navigation has been utilized by the US military and demonstrated to be accurate to within a few centimeters at standard highway speeds, even during night time whiteout snowstorm conditions.
FinSMEs
06/09/2018