Vayyar Imaging, an Israeli startup that develops 4D imaging radar and 3D radio wave imaging sensors that can see inside objects, raised $108 million in a Series E round of financing led by Koch Disruptive Technologies (KDT). This latest round of fundraising brought Vayyar’s total investment to date to over $300 million.
Vayyar Imaging was co-founded in 2011 by CEO, and Chairman Raviv Melamed, and former vice president of the wireless division at Intel Israel, Miri Ratner of BreezeCOM (vice president of development) and Naftali Hayat, chief scientist of Alvarion. At the time the company had a vision of detecting early-stage breast cancer using RF technology. But over time the company expanded its business into senior care, automotive, retail, public safety and other industries. Vayyar provides solutions powered by its system-on-chip, proprietary software stack, and breakthrough Machine Learning algorithms.
Vayyar’s sensors create a 3D image of everything happening around you in real-time, without the use of a camera. These sensors can see through solid objects, map large areas and can be used in privacy-sensitive locations where optics cannot.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at firstname.lastname@example.org.
Providing a look beyond human vision, Vayyar’s sensors have expanded across industry sectors, including smart home, automotive, retail, robotics, medical, construction, agriculture and more.
In the automotive space, Vayyar Imaging manufactures 4D imaging radar-based platforms that transform safety across the in-cabin, ADAS and motorcycle (ARAS) domains. The company’s ARAS platform is in mass production for deployment on Piaggio Group’s motorbikes, providing exceptional safety for the world’s most at-risk road users.
“We are pleased and proud to progress our partnership with existing investors including KDT, as well as additional backers which are joining forces with us for the first time,” said Raviv Melamed, co-founder and CEO of Vayyar Imaging. “During a challenging period for the global economy, this new funding round is a ringing endorsement of our mission and a clear vote of confidence in the strength of our technology and the strategic agility of our organization.”