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Xavveo, 4D-Photonic Radar Developer, Closes $8.6M Seed Round

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BERLIN, Nov. 7, 2024 — Xavveo, developer of a 4D photonic radar technology, has raised an $8.6 million seed round to support the commercialization of its distributed photonic radar technology. Xavveo’s technology platform has applications in autonomous vehicles, as well as factory automation and healthcare monitoring. Xavveo's current system uses advanced monolithic silicon photonics technology to provide lidar-like native angular resolution of <0.1º and provides a high level of reliability in detecting obstacles. According to the company, the technology allows autonomous vehicles a 360º field of view and retains its reliability in adverse weather conditions. 

Xavveo was founded by current company CEO Sven Otte and CTO Stefan Meister, both founders of optical interconnect company Sicoya, along with vice president of engineering and fellow Sicoya alum Ulrich Keil. Otte has served in leadership roles at companies including Ametek, Amphenol, and MergeOptics, among others. Meister previously served as head of the silicon photonics at Technische Universität Berlin.  

Vsquared Ventures and imec.xpand, the venture capital arm of European R&D firm imec, led the funding round.
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Published: November 2024
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...
seed
1. In glass, a solid inclusion having a small diameter. 2. A particular, single crystal that, after undergoing the Czochralski method, evolves into large single crystals.
BusinessstartupfundingOpticssensorslidarimec.xpandVsquared Venturesseedfinancing4D photonic radardistributedXavveoBerlinGermanyEurope

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