Airy3d, a Montreal, Canada-based 3D computer vision startup, raised US$10m in Series A funding.
The round was led by Intel Capital, with participation from CRCM Ventures, Nautilus Venture Partners, R7 Partners, Robert Bosch Venture Capital (RBVC), and WI Harper Group and angel investors that are affiliates of TandemLaunch, the incubator that spun out Airy3d.
The company intends to use the funds to advance its licensing roadmap for the first commercial adoptions of its DepthIQTM 3D sensor platform with mobile OEMs (original equipment manufacturers) in 2019.
Founded in 2015 and spun out of TandemLaunch and led by Dan Button, CEO, a Montreal-based incubator, Airy3d delivers a 3D computer vision solution whose DepthIQTM platform can convert any single 2D imaging sensor into one that generates a 2D image and 3D depth data. It combines optical physics with proprietary algorithms to deliver versatile 3D sensing solutions while preserving 2D performance.
The technology is an enabler for markets that span mobile, automotive, AR/VR, drones, robotics, smart homes and beyond.