Opsys Tech, a Holon, Israel-based developer of patented True Solid-State Scanning LiDAR technology, raised additional $36.5M in Series C funding.
The final closing brought the total amount raised in Series C funding to $51.5M. The round was led by 83North, Osage University Partners, Translink Capital, and Saban Ventures.
The company intends to use the funds to ramp up commercial automotive production quantities of its LiDAR sensor solutions.
Founded in 2016 and Eitan Gertel, Executive Chairman, Opsys Tech has developed a patented True Solid-State Scanning LiDAR solution that will drive adoption and commercialization of autonomous and semi-autonomous vehicles with safety and performance.
The company is headquartered in Israel, with locations in the United States, Europe and Asia.
FinSMEs
05/01/2022