31 May 2021
Funding for new FMCW lidar developer agreed with participation of Scania Growth Capital.
Scantinel develops FMCW LiDAR sensors.Former Zeiss LiDAR startup Scantinel Photonics has received further growth financing through Scania Growth Capital. The Zeiss Ventures portfolio company develops Frequency Modulated Continuous Wave (FMCW) LiDAR sensors for next-generation LiDAR systems for applications in autonomous vehicles. The amount and terms of the funding were not disclosed.
âThe LiDAR market is further consolidating and itâs becoming clearer which technologies and startups will eventually make it to mass production. We are proud that Scantinel is among the ones that succeed in attracting new investors,â commented Gerrit Schulte, Head of Zeiss Ventures.