Baraja, a Sydney, Australia-based creator of Spectrum-Scan LiDAR for autonomous vehicles, raised $32m in Series A funding.
Backers included Sequoia China, Blackbird Ventures, and the CSIRO Innovation Fund managed by Main Sequence Ventures. In conjunction with the funding, Steven Ji, partner from Sequoia China, joined Baraja’s board of directors.
The company intends to use the funds to scale production and hire talent.
Led by CEO Federico Collarte and CTO Cibby Pulikkaseril, Baraja launched a novel LiDAR system that uses prism-like optics and shifting wavelengths of light to create eyes for self-driving vehicles in July 2018. Its system offers a solution to the complex problems facing legacy LiDAR systems that give vision to self-driving vehicles.
The company has 90 employees in Sydney, San Francisco and Shanghai.