GPR Announces Series A Funding on Back of Customer Traction
Summary
SOMERVILLE, Mass., May 18, 2023--(BUSINESS WIRE)--GPR, the worlds only provider of Ground Positioning Radar, today announced it has secured an undisclosed amount of Series A funding led by top technology investor Rhapsody Venture Partners.This press release features multimedia. (Photo: Business Wire)GPRs technology enables precise centimeter level - vehicle localization in all visibility circumstances. "Over the past months, weve seen an exciting influx of customer demand for our solution," said Moran David, Chief Executive Officer of GPR. Whether on-road in conditions such as unmarked roads, poor weather, urban canyons, off-road, or even underground, vehicles fitted with Ground Positioning Radar deliver a more robust, higher quality assisted, and autonomous driving experience that other sensors cant. GPR works closely with OEMs and Tier 1 partners to help vehicles safely navigate where current ADAS sensors, including lidar and camera-based systems, fall short.