Scantinel Photonics GmbH, a ZEISS Ventures Portfolio-Startup, Announces Series-A Financing Round via Scania Growth Capital as Lead Investor
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LiDAR Technology (Graphics: Business Wire)
LiDAR is considered the key technology for safety of autonomous vehicles. Frequency Modulated Continuous Wave (FMCW) LiDAR a bulky abbreviation for a disruptive technology will help autonomous driving to achieve a breakthrough and, according to experts, will displace the currently used Time of Light (TOF) LiDAR systems from the market. The LiDAR market is further consolidating and it s becoming clearer which technologies and startups will eventually make it to mass production. Here at ZEISS, we are proud that Scantinel is among the ones that succeed in attracting new investors, explains Gerrit Schulte, Head of ZEISS Ventures.