Airy3D, Inc., a Montreal, Quebec, Canada-based 3D computer vision startup, raised US$3.5m in seed funding.
The round was co-led by CRCM Ventures and R7 Partners with participation from WI Harper Group, Robert Bosch Venture Capital, Nautilus Venture Partners and angel investors affiliates of TandemLaunch, the Montreal-based incubator that spun out Airy3D.
The company intends to use the funds to build its 3D sensors.
Founded in 2015 and led by Dr. Dan Button, president & CEO, Airy3D has developed a passive single sensor solution for 3D computer vision based on off-the-shelf components that are transformed by technology first invented at Cornell University. The company’s solution requires only one camera component and no active lighting system, eliminating the need for multiple components, such as dual cameras or cameras equipped with active lighting systems for depth detection.
Applications include consumer electronics and AI-enabled machine vision that span next generation 3D smartphone cameras, AR/VR (augmented reality/virtual reality), collision avoidance for automotive and drones, and robotics.