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High-Resolution Radar Startup Arbe Robotics Raises $10 Million
Tel Aviv-based Arbe Robotics develops a high-resolution 4D imaging radar for autonomous vehicles
Hagar Ravet | 18:03, 11.07.18
Tel Aviv-based high-resolution radar startup Arbe Robotics announced on Wednesday a $10 million funding round led by 360 Capital Partners. Existing investors Canaan Partners Israel, iAngels, Manic Mobility, OurCrowd, and O.G. Tech Ventures also participated in the round. Arbe Robotics said in a statement it will use the investment to support expansion in the U.S. and China.
Arbe Robotics develops a high-resolution 4D imaging radar for autonomous vehicles. Headquartered in Tel Aviv, Arbe operates additional offices in China and the U.S. The company was founded in 2015 and initially developed a collision avoidance system for drones before shifting its focus to the autonomous vehicle industry. The company has raised $23 million to date.
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