High-Resolution Radar Startup Arbe Robotics Raises $9 million for Imaging System for Cars

Published by , November 6, 2017 1:05 pm

(CalCalistech.com) Tel Aviv-based high-resolution radar startup Arbe Robotics recently raised $9 million. Arbe Robotics is now developing an imaging radar system for autonomous cars. According to Arbe, its patented imaging system solves two problems associated with radar: low resolution and high false alarm rates. Its 4D modeling algorithm provides a cost-effective, long range, high-resolution radar solution that enables level 4 full autonomous driving, the company said.
The funding round was led by O.G. Tech Ventures, a venture capital fund recently launched by Israeli-born business magnate Eyal Ofer, that focuses on early growth Israel-based start-ups, and OurCrowd, a Jerusalem-based equity crowdfunding firm for early-stage start-ups. Existing shareholders venture capital firm Canaan Partners, Tel Aviv-based investment firm iAngels, and seed-stage venture fund Taya Ventures also participated.

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