Porsche invests in ‘low visibility’ sensor startup TriEye
https://techcrunch.com/2019/08/21/porsche-invests-in-low-visibility-sensor-startup-trieye/
Porsche’s venture arm has acquired a minority stake in TriEye, an Israeli startup that’s working on a sensor technology to help vehicle driver-assistance and self-driving systems see better in poor weather conditions like dust, fog and rain.
The strategic investment is part of a Series A financing round that has been expanded to $19 million. The round was initially led by Intel Capital and Israeli venture fund Grove Ventures. Porsche has held shares in Grove Ventures since 2017.
Porsche invests in ‘low visibility’ sensor startup TriEye
Aug 21, 2019, 9:19pm UTC
https://techcrunch.com/2019/08/21/porsche-invests-in-low-visibility-sensor-startup-trieye/
> Porsche’s venture arm has acquired a minority stake in TriEye, an Israeli startup that’s working on a sensor technology to help vehicle driver-assistance and self-driving systems see better in poor weather conditions like dust, fog and rain.
> The strategic investment is part of a Series A financing round that has been expanded to $19 million. The round was initially led by Intel Capital and Israeli venture fund Grove Ventures. Porsche has held shares in Grove Ventures since 2017.