Oculii Raises $55 Million Series B to Accelerate the Future of Autonomy with AI-Powered Radar
Maker of world’s highest-resolution commercial imaging 4D radar will leverage new funding to scale and deliver on the insatiable demands of Tier-1 s and OEMs globally
DAYTON, Ohio, May 06, 2021 (GLOBE NEWSWIRE)
Oculii, the leading provider of advanced AI software for radar perception, today announced a $55 million Series B funding round. The round was co-led by Catapult Ventures and Conductive Ventures, with participation from Taiwania Capital, Susquehanna Investment Group (SIG), HELLA Ventures, PHI-Zoyi Capital, R7 Partners, VectoIQ, ACVC Partners, Mesh Ventures, SV Tech Ventures, Schox Ventures, and Signature Bank. The new round of financing brings Oculii’s total funding amount to $75M.