What is Lidwave?
Lidwave is at the forefront of developing sophisticated 4D on-chip sensing technology, leveraging its proprietary Finite Coherent Ranging (FCR) system. This patented technology enables precise, instantaneous velocity measurements and detailed 3D mapping, crucial for advancements in automotive applications, smart city infrastructure, robotics, and the broader Industry 4.0 landscape. The company's commitment lies in delivering cost-effective, robust, and interference-immune sensing solutions, aiming to empower industry leaders to redefine the application of LiDAR technology.
How much funding has Lidwave raised?
Lidwave has raised a total of $10M across 1 funding round:
Angel/Seed
$10M
Angel/Seed (2024): $10M with participation from Next Gear Ventures and Jumpspeed Ventures
Key Investors in Lidwave
Next Gear Ventures
Next Gear Ventures focuses on investing in entrepreneurs who are pioneering sustainable and smart mobility solutions. They support early-stage ventures by providing an ecosystem designed to foster growth and innovation in areas such as sustainable cities, clean electric propulsion, and efficient manufacturing processes.
Jumpspeed Ventures
Jumpspeed Investments is a unique venture capital fund focused on early-stage startups emerging from the Jerusalem startup ecosystem. The fund seeks technology startups that address significant market pains with innovative solutions that are substantially better than existing options.
What's next for Lidwave?
With the recent major strategic investment, Lidwave is poised for accelerated growth and market penetration. This capital is expected to fuel further research and development, enhance manufacturing capabilities, and expand its go-to-market strategy. The company's focus on core industries like automotive and smart cities, coupled with its advanced sensing technology, positions it to capitalize on the increasing demand for intelligent automation and enhanced machine vision systems. Lidwave's trajectory suggests a move towards scaling its operations and solidifying its position as a key player in the advanced sensing market.
See full Lidwave company page
