VentureBeatAugust 21st, 2019

TriEye expands its series A round from $17 million to $19 million

Israeli semiconductor company TriEye has raised an additional $2 million in funding, expanding its Series A round from $17 million to $19 million. The investment comes from Porsche and brings TriEye’s total funding to $22 million, with previous investments backed by leading venture capital firms, such as the Tel Aviv-based VC Grove Ventures. TriEye specializes in short wave infrared (SWIR) imaging technology, which enables clear visibility in adverse weather and low-light conditions. The company’s flagship Raven camera, expected to launch next year, offers higher resolution and affordability compared to conventional solutions, making it suitable for advanced driver-assistance systems (ADAS) and autonomous vehicles. TriEye’s full-stack approach positions it for applications beyond automotive, including mobile, industrial, security, and optical inspection.

>> Click here to read the full article originally published in VentureBeat: TriEye raises $2 million more for cameras that can see in the dark

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