Intel, Samsung and Porsche among investors in TriEye’s $74M funding round
https://techcrunch.com/2021/11/10/intel-samsung-and-porsche-among-investors-in-trieyes-74m-funding-round/
Israeli startup TriEye has raised $74 million to commercialize a type of sensing technology that can be used to help autonomous and driver-assistance systems to see better in adverse conditions.
The technology uses short-wave infrared (SWIR), which refers to a wavelength range that is outside the visible spectrum. While SWIR sensing is not new, it has mostly been restricted to the aerospace and defense industries due to its high cost. TriEye says it has made engineering breakthroughs that have driven down the cost enough to compete with regular cameras that can be found in a mobile phone or vehicle today, and to outperform other types of sensors on the market.