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Oculii Raises $55 Million Series B to Accelerate the Future of Autonomy with AI-Powered Radar Maker of world's highest-resolution commercial imaging 4D radar will leverage new funding to scale and deliver on the insatiable demands of Tier-1's and OEMs globally DAYTON, Ohio, May 06, 2021, the leading provider of advanced AI software for radar perception, today announced a $55 million Series B funding round. The round was co-led by Catapult Ventures and Conductive Ventures, with participation from Taiwania Capital, Susquehanna Investment Group (SIG), HELLA Ventures, PHI-Zoyi Capital, R7 Partner...

Slideshow ( 2 images ) (Reuters) - Oculii, a startup that makes software to boost the resolution of radars for use in self-driving cars, said on Thursday it raised $55 million in its latest funding round. Radars are already widely used in cars to assist with emergency braking, blindspot detection, and parking-assist systems, but the low resolution of the image limits its usage, said Steven Hong, CEO of the Dayton, Ohio startup. The artificial intelligence software Oculii has developed can boost the radar resolution by 100 times, Hong said. The picture created by the software and shown to Reut...

Oculii Raises $55 Million Series B to Accelerate the Future of Autonomy with AI-Powered Radar Maker of world’s highest-resolution commercial imaging 4D radar will leverage new funding to scale and deliver on the insatiable demands of Tier-1's and OEMs globally DAYTON, Ohio, May 06, 2021 (GLOBE NEWSWIRE) -- Oculii, the leading provider of advanced AI software for radar perception, today announced a $55 million Series B funding round. The round was co-led by Catapult Ventures and Conductive Ventures, with participation from Taiwania Capital, Susquehanna Investment Group (SIG), HELLA Ventur...

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