Lidwave Secures $10M in Funding for 4D Lidar-on-Chip Tech
JERUSALEM, Oct. 24, 2024 — Lidwave, a developer of 4D lidar-on-chip sensors, has secured $10 million in seed round funding to further develop its optical chip, launch a software-definable 4D lidar sensor, and expand its market presence.
Lidwave’s finite coherent ranging technology integrates lasers, amplifiers, receivers, and optical routing onto a single chip. The company’s sensing method provides Doppler data at the pixel level alongside depth information, enabling machines to perceive and understand their surroundings with clarity. Lidwave's sensor features a monostatic design, which uses the same point on the chip to both send and receive optical signals. By integrating all essential components on a single chip, Lidwave’s solution aims to drastically reduce production costs.
Jumpspeed Ventures and Next Gear Ventures led the $10 million seed round.
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