2023-08-22

Altos Radar raises $3.5m to accelerate the development and commercialization of 4D imaging radars

SAN JOSE, Calif., Aug. 14, 2023 /PRNewswire/ -- Silicon Valley-based automotive radar startup, Altos Radar, has raised $3.5 million in seed round funding that will fast-track the commercialization of 4D imaging radars in driver-assisted and autonomous vehicles. The funding, led by Hesai Technology CEO David (Yifan) Li, ZhenFund and Monad Ventures, will be used to mass-produce and market Altos Radar's new high-performance 4D imaging RADAR Altos V1, which demonstrates revolutionary perception capabilities at a fraction of the cost of its competito...
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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