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Autonomous Vehicle Startup Vayavision Raises $8 Million

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Autonomous Vehicle Startup Vayavision Raises $8 Million

Vayavision develops a data processing system designed to provide precise 3D imaging of a vehicle’s environment

CTech | 16:03  16.10.2018
Autonomous vehicle technology developer VayaVision Sensing Ltd. announced on Tuesday the completion of an $8 million Seed funding round. The round was led by Israeli early-stage venture fund Viola Ventures, San Francisco and Tel Aviv-based Mizmaa Ventures, and Jerusalem-based equity crowdfunding company OurCrowd Ltd. Mitsubishi UFJ Capital Co., Ltd., and LG Electronics also participated.

Founded in 2016 and headquartered in central Israel, Vayavision develops a data processing system compatible with a variety of autonomous sensor systems, cameras, radars, and LiDAR. Vayavision’s system is designed to provide precise 3D imaging of a vehicle’s environment.

Autonomous Cars (illustration). Photo: Jeffrey Sauger for General Motors Autonomous Cars (illustration). Photo: Jeffrey Sauger for General Motors Autonomous Cars (illustration). Photo: Jeffrey Sauger for General Motors

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