SiLC Technologies raises $12m in seed funding to deliver long-range, single-chip LiDAR for autonomous vehicles, machine vision, and augmented reality
MONROVIA, Calif., March 5, 2020 /PRNewswire/ — SiLC Technologies, Inc., (SiLC), the leading developer of integrated single-chip FMCW LiDAR solutions, today announced that it closed $12 million in seed funding led by Dell Technologies Capital. Decent Capital, ITIC Ventures, and several prominent angel investors also participated in the funding round. SiLC will use the funding to scale its R&D and operations to develop its frequency modulated continuous wave (FMCW) silicon photonic 4D+ Vision Chip platform.