SiLC Receives $25M to Develop Machine Vision for AI
MONROVIA, Calif., Nov. 16, 2023 — SiLC Technologies Inc. has secured $25 million in funding to expand production to support designs for its Eyeonic vision solutions. The additional funding also supports continued product development, to enable the company to pursue further application deployments in mobility, robotics, smart cameras, security, and other markets. The funding comes on the heels of SiLC’s introduction of four versions of its frequency-modulated continuous-wave (FMCW) lidar-based Eyeonic Vision System