AEye’s $40M Series B Includes Numerous Automotive Leaders Including SUBARU, Hella, LG, and SK
Summary
PLEASANTON, Calif.--( BUSINESS WIRE )--AEye, a world leader in artificial perception systems and the developer of iDAR™, today announced the second close of its Series B financing, bringing the company’s total funding to over $60 million.AEye takes a disruptive approach to vehicle perception by putting intelligence at the sensor layer and making it extensible and controllable via a software-driven architecture.“AEye is a front-runner in developing accurate, low-latency, low cost perception systems, and we anticipate great synergy in working with AEye towards safe, reliable vehicle autonomy.”In performance tests validated by VSI Labs, iDAR acquired and tracked targets at more than 1000 meters and at scan rates exceeding 100 Hz - a major breakthrough in speed and long-range threat detection.For more information about AEye and its innovative approach to artificial perception, please visit www.aeye.ai or come see us at CES booth #2100 at the Westgate Convention Center, Las Vegas.