3D Imaging Sensor Company Vayyar Partners With Japan’s Aisin
Vayyar develops 3D imaging sensors that can see through human tissue, most man-made surfaces, and barriers such as smoke and steam
Adi Pick | 17:59, 07.01.20
Israeli 3D imaging sensor company Vayyar Imaging Ltd. has signed a partnership agreement with Tokyo-listed automotive parts company Aisin Seiki Co. Ltd., the former announced Tuesday. As part of the agreement, the two companies will jointly develop short-range exterior sensors for vehicles.
Financial terms of the deal were not disclosed.
Founded in 2011, Vayyar develops sensors that can see through human tissue, most man-made surfaces, and barriers such as smoke and steam using low-power radio wave technology. Initially focusing on early-stage detection of cancer, the company has since developed a multipurpose sensor that can be used across various industries.
In November, the company announced it had raised a $109 million series D
funding round, bringing the company’s total equity raised to date to $188 million.
