Blackmore Sensors and Analytics Raises $18M in Series B Funding

Blackmore Sensors and Analytics, Inc., a Bozeman, Mont.-based developer of frequency-modulated continuous wave (FMCW) lidar for the automotive industry, raised $18m in Series B funding.

The round was led by BMW i Ventures with participation from Toyota AI Ventures, Millennium Technology Value Partners and Next Frontier Capital.

The company will use the funds to scale the production of its FMCW lidar sensor for advanced driver assistance systems (ADAS) and self-driving markets.

Led by Dr. Randy Reibel, CEO, Blackmore Sensors and Analytics develops compact frequency-modulated continuous wave (FMCW) lidars and supporting analytic tools and software for a variety of intense, mission critical, automotive, military, and industrial environments.




Join the discussion