Mantis Vision, a Petach Tikva, Israel-based provider of advanced 3D sensing, volumetric content acquisition and sharing technologies, closed its $55m Series D funding round.
The round was led by Luenmei Quantum Co. Ltd. and Samsung Catalyst Fund.
The company, which has raised $83m in total funding to date, intends to use the new funds to extend its technological edge, accelerate go-to-market strategy, expand its international workforce and support external growth opportunities.
Led by Gur Arie Bitan, Founder and CEO, Mantis Vision offers advanced 3D content capture and sharing technologies for a wide array of applications – from 3D cameras for smartphones, industrial/professional grade 3D camera/scanners, and up to a live 3D Volumetric studio.
Mantis Vision and Luenmei Quantum Co. also announced the formation of a new joint venture, “MantisVision Technologies”, to further strengthen Mantis Vision’s position and growth in the Greater China Market, with operating offices in Beijing and Shanghai.
The company is planning to double its global workforce with an additional 140 employees in Israel, U.S., China and Slovak Republic by the end of 2020.