SiLC Technologies, Inc., a Monrovia, Calif.-based developer of integrated single-chip FMCW LiDAR solutions, closed a $12m seed funding round.
The round was led by Dell Technologies Capital, with participation from Decent Capital, ITIC Ventures, and several angel investors.
The company will use the funding to scale its R&D and operations to develop its frequency modulated continuous wave (FMCW) silicon photonic 4D+ Vision Chip platform.
Founded in 2018 by CEO Mehdi Asghari, SiLC Technologies is a provider of highly integrated FMCW LiDAR solutions focused on its integrated 4D+ Vision Chip, which has demonstrated a range of beyond 300 meters and applicable to a wide range of applications. The company utilizes a proprietary silicon-based semiconductor fabrication process to manufacture its chips and standard, automated IC style assembly processes, enabling robust, cost-effective and compact solutions.