Lumotive, a Seattle, WA-based developer of Light Control Metasurface (LCM™) beam steering chips enabling the next generation of 3D sensors, raised $13M in funding.
The strategic funding was led by Samsung Ventures (read here our previous news about it) with participation from new investors USAA and Uniquest. This brought total amount raised to date to more than $56M.
The company will use the new funding to accelerate the development and customer delivery of optical semiconductor devices that enable the next generation of lidar sensors.
Led by Dr. Sam Heidari, CEO, Lumotive provides optical semiconductors that offer 3D sensing for consumer, mobility, and industrial markets. Its Light Control Metasurface (LCM™) optical semiconductors utilize patented beam-steering technology to enable software-defined lidar with advanced perception capabilities.
FinSMEs
04/01/2022