2018-12-20

LiDAR Startup AEye Receives Series B Funds from SUBARU, Hella, LG and SK Hynix

The U.S.-based LiDAR startup, AEye, announced the second close of its Series B financing, bringing the company’s total funding to over US$60 million. AEye Series B included global automotive OEM, Tier 1 and Tier 2 strategic investors Hella Ventures, SUBARU-SBI Innovation Fund, LG Electronics, and SK Hynix. AEye previously announced that the round was led by Taiwania Capital and other investors. Series B will be used to scale AEye’s operations to meet global demand for its artificial perception systems for both ADAS and Mobilit...
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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE