SiLC Raises $17M in Series A Funding

MONROVIA, Calif., May 28, 2021 — Machine vision company SiLC Technologies raised $17 million in a Series A funding round led by Alter Venture Partners and Technologies Capital. Following a $12 million seed round in 2020, the financing brings SiLC’s total funding to over $30 million and is aimed at its production of frequency-modulated continuous-wave (FMCW) chips for lidar (FMCW lidar) applications.

The additional financing will be used to expand the company’s operations and accelerate product development and production design milestones in anticipation of pre-production and product launch activities for its 4D+ Vision Chip.

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Published: May 2021

Glossary

lidar: Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system. Here is how lidar works: Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
fmcw lidar: FMCW lidar stands for frequency-modulated continuous wave lidar. It is a type of lidar (light detection and ranging) technology used for remote sensing, distance measurement, and 3D mapping. FMCW lidar operates on the principle of sending out laser beams that are modulated in frequency and measuring the time it takes for the reflected light to return to the sensor. How it works: Frequency modulation: FMCW lidar emits laser beams with a continuously changing frequency. The laser...
machine vision: Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
chip: 1. A localized fracture at the end of a cleaved optical fiber or on a glass surface. 2. An integrated circuit.