SiLC Raises $25M in Additional Funding
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SiLC Secures $25 Million in Additional Funding to Advance Machine Vision for AI Applications
SiLC Technologies, Inc. (SiLC), a leader in silicon photonics, today announced $25 million in additional funding to bring the total funding proceeds to date, from its Seed and Series A, to $56 million. New strategic participants in the round include...
Source: lelezard.com
SiLC Technologies Raises $17M Series A Funding Round to Advance Machine Vision Applications
Over the last year, SiLC has provided development systems to customers that are at the forefront of their respective market segments, including mobility, industrial machine vision, robotics, augmented reality, and consumer applications. The new funds will help further customer traction and support bringing these products to market. Currently being readied for broad deployment, SiLC's advanced, production-ready 4D+ Vision Chip offers best-in-class performance metrics across range, resolution and accuracy for LiDARs. The 4D+ Vision Chip accomplishes this in a much smaller footprint and on an al...
Source: roboticstomorrow.com