ThruWave, a Seattle, WA-based developer of 3D millimeter wave (mmWave) imaging for supply chain and logistics, closed $6.4m in seed funding.
The round was led by E14 Fund and Ubiquity Ventures, and joined by Root Ventures, Blue Sky Capital, WRF Capital, and Tsingyuan Ventures. In-Q-Tel, Inc., a not-for-profit strategic investor for United States Government agencies, joined the round as an investor and customer.
The company was additionally awarded a $750,000 Phase II Small Business Innovation Research (SBIR) grant from the National Science Foundation to accelerate the development of its unique millimeter wave technology.
Led by founder and CEO Matt Reynolds, ThruWave has developed a high throughput X2 mmWave Imaging System that provides supply chain visibility by enabling warehouse and fulfillment center operators to see through packaging to the items inside. Its sensors use human-safe millimeter waves to enable safe operation alongside human workers in busy warehouses and fulfillment centers. ThruWave’s analytics layer automatically interprets images to measure cube utilization, count items, and detect missing or damaged items, all at conveyor speed. The company’s systems can automatically image and analyze up to 20,000 boxes per hour.