Israel autonomous car semiconductor startup TriEye raises $17 million led by Intel Capital
TriEye, a semiconductor startup developing disruptive SWIR (Short Wave Infrared) imaging solution, has closed $17 million in an early funding round led by Intel Capital. Other backers include Marius Nacht, co-founder of Check Point Software Technologies, and TriEye’s existing investor Grove Ventures, headed by TriEye chairman Dov Moran.
The Tel Avivm, Israel-based TriEye was founded in 2016 by CEO Avi Bakal, VP R&D Omer Kapach, and CTO Prof. Uriel Levy, after nearly a decade of advanced nano-photonics research by Prof. Levy at the Hebrew University of Jerusalem. The startup develops shortwave infrared (SWIR) imaging technology designed to assist autonomous vehicles “see” better under limited visibility conditions. TriEye has raised more than $20 million to date.
TriEye provides a cutting edge SWIR sensing technology to address the challenge of safe and reliable ADAS/Autonomous Vehicle vision under adverse weather and other common low-visibility conditions.
Its unique semiconductor design enables the mass production of cost-effective, high-resolution shortwave infrared (SWIR) cameras. TriEye’s full-stack solution also encompasses the software layer and remote sensing based on AI capabilities.
Similar to the traditional digital camera, “the TriEye’s SWIR technology is CMOS-based, enabling the scalable mass-production of SWIR sensors and reducing the cost by a factor of 1,000 compared to current InGaAs-based technology. As a result, the company can produce an affordable HD SWIR camera in a miniaturized format, supporting easy in-vehicle mounting behind the car’s windshield.”
Below is a video comparing between TriEye SWIR and a Standard camera side by side in order to show the benefits of using SWIR camera