What is Prophesee?
Founded in 2014 and headquartered in Paris, France, Prophesee is at the forefront of developing innovative machine vision sensors and systems. The company's technology is designed for a wide array of applications across various industries that rely on advanced visual perception. Prophesee's unique approach to machine vision aims to provide enhanced performance, efficiency, and new capabilities for automated systems, positioning it as a key player in the rapidly evolving field of artificial intelligence and robotics.
How much funding has Prophesee raised?
Prophesee has raised a total of $97M across 3 funding rounds:
Series B
$19M
Other Financing Round
$28M
Series C
$50M
Series B (2018): $19M with participation from 360 Capital Partners, Supernova Invest, Intel Capital, and iBionext
Other Financing Round (2019): $28M led by Robert Bosch Venture Capital, iBionext, European Investment Bank, Supernova Invest, and 360 Capital Partners
Series C (2022): $50M supported by Mi, Sinovation Ventures, 360 Capital Partners, and Prosperity7 Ventures
Key Investors in Prophesee
Mi
Mi, likely referring to Xiaomi, is a major Chinese Internet company known for its consumer electronics and hardware, suggesting a strategic interest in Prophesee's sensor technology for integration into their product ecosystem.
Sinovation Ventures
Sinovation Ventures is a prominent Chinese technology venture capital firm that focuses on early-stage investments in innovation, indicating a belief in Prophesee's disruptive potential and future growth.
360 Capital Partners
360 Capital Partners is a European venture capital firm specializing in innovation, with a track record of investing in and supporting technology companies, suggesting a strategic alignment with Prophesee's advanced vision solutions.
What's next for Prophesee?
With the recent influx of major strategic investment, Prophesee is poised for significant expansion. The company is likely to focus on scaling its production capabilities, enhancing its research and development pipeline for next-generation sensors, and broadening its global market reach. This substantial backing suggests a strong investor confidence in Prophesee's technology and its potential to disrupt traditional machine vision markets, paving the way for further innovation and commercial success in enterprise-level applications.
See full Prophesee company page
