The round is led by Alter Venture Partners and Dell Technologies Capital with additional participation from Osram Ventures, Sony Innovation Fund by IGV, Epson, UMC Capital, Yamato Holdings and Global Brain.
The funding follows a $12 million seed round in 2020 and brings SiLC's total funding to over $30 million. The additional financing will be used to expand SiLC's operations, accelerate product development and gain additional production design wins – in preparation for pre-production and product launch activities.
SiLC's 4D+ Vision Chip provides positional information plus velocity, light polarization, and reflectivity. The additional information derived from this data provides context and improves perception of the environment with applications for autonomous vehicles, biometrics and security, robotics, and more.
"SiLC has differentiated itself by being the only company to date that has successfully integrated an FMCW imaging system on a cost-effective silicon platform, giving them huge potential in the large, fast-growing imaging market," said Daniel Docter, managing director, Dell Technologies Capital.
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