TriEye announces $17 million in A financing round led by Intel Capital, with Check Point founder Marius Nacht and Dov Moran‘s Grove Ventures.
TriEye has developed a Short Wave Infrared (SWIR) based on sensor, which enables autonomous vehicles to ‘see’ in harsh weather and lighting, including fog, dust or dark that standard cameras cannot see, not even in combined with sensing solutions such as radar, LiDAR, and a camera.
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SWIR cameras have been used for many years by the defense industry, space, and aviation, enabling visibility in harsh weather conditions.
TriEye’s camera is based on technology that enables the production of a SWIR camera in the CMOS process, a process implemented in standard cameras.
This process reduces the size of the camera and allows it to be installed easily on the windshield of the vehicle. It reduces the price of TriEye SWIR system to under $100. While SWIR basic price is $8,000, and LiDAR sensors are hundreds of dollars.
Autonomous vehicles are based on more than one technology for their operation. LiDAR is now the main means, while other technologies are used for backup.