What is CorePhotonics?
Established in 2012 by Professor David Mendlovic, Dr. Gal Shabtay, and Eran Kali, CorePhotonics is recognized as the market leader in dual camera imaging technologies. The company provides comprehensive dual camera solutions designed to substantially enhance image quality and user experience for mobile devices. Beyond consumer electronics, CorePhotonics also develops and supplies dual camera systems and solutions tailored for the automotive industry, addressing the increasing demand for sophisticated visual sensing in vehicles. The company's innovative approach has positioned it at the forefront of imaging advancements.
How much funding has CorePhotonics raised?
CorePhotonics has raised a total of $42.8M across 3 funding rounds:
Private Equity
$10M
Private Equity
$17.8M
Private Equity
$15M
Private Equity (2013): $10M with participation from BetaAngels, Horizons Ventures, and Magma Venture Partners
Private Equity (2015): $17.8M led by Horizons Ventures, Sandisk, BetaAngels Partners, Amiti Ventures LLC, and Magma Ventures
Private Equity (2017): $15M supported by OurCrowd, Samsung Ventures, CK Telecom, Magma Venture Partners, Amiti Ventures, SanDisk, Foxconn Interconnect Technology, and MediaTek
Key Investors in CorePhotonics
OurCrowd
OurCrowd is an investment platform that enables accredited investors and institutions to invest in startups and early-stage companies, particularly in Israel.
Samsung Ventures
Samsung Ventures is a venture capital arm of Samsung, investing in innovative technology companies across various sectors.
CK Telecom
CK Telecom provides OEM/ODM services for telecommunication customers, focusing on R&D, manufacturing, and sales of wireless communication products with a vertically integrated supply chain.
What's next for CorePhotonics?
With substantial backing and a recent strategic investment, CorePhotonics is poised for accelerated expansion and technological development. The company's focus on enhancing mobile imaging and providing critical automotive solutions suggests a strategic direction towards deepening its market penetration in both sectors. Future endeavors will likely involve further R&D to refine its dual camera technologies, potentially exploring new applications or expanding its product portfolio to meet evolving industry demands. This sustained capital infusion signals confidence in CorePhotonics' vision and its capacity to drive innovation in the competitive imaging technology landscape.
See full CorePhotonics company page
