Sense Photonics, a LiDAR company utilizing University of Illinois technologies, successfully raised $26M Series A Round. The funding will enable the company to continue the creation and scaling of their state-of-the-art technology. LiDAR technology allows robots and autonomous vehicles to safely navigate their environments using the time of flight property of light to create 3D models. Sense Photonics is developing a next-generation solid-state flash LiDAR with the range, resolution, field of view, and reliability that is critical for autonomous driving and robotics systems.
Sense Photonics’ core technology – protected by over 200 patents – enables a simple, high-performance, solid-state solution, with no moving parts, that can uniquely meet the rigorous performance, reliability and cost requirements for automotive and industrial applications. Using this advanced technology, Sense Photonics is on the forefront of flash LiDAR systems. Their unique system uses patented technology from the University of Illinois to enable the development of the solution at scale.
While several companies are working on advanced LiDAR systems, few have managed to implement flash LiDAR, which illuminates a whole landscape rather than small portions at a time, noted a TechCrunch article on the Sense Photonics technology. Combined with novel flexible hardware allowing a curved array, the system facilitates a more robust view of the surroundings.
Founder and CEO Scott Burroughs, a University of Illinois alumnus, oversees a world-class team across the U.S. and the U.K. Backed by leading VC firms and strategic investors such as Samsung Ventures and Shell and partnered with leading automotive and robotics customers, Sense Photonics has quickly garnered attention in the industry.
To learn more about Sense Photonics, click here.