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
May 06, 2021 08:00 ET | Source: Oculii Oculii
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.
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.
Maverick Real Estate Partners principal David Aviram and the buildings to be sold. (Rosewood Realty Group)
The lengthy saga between lender Maverick Real Estate Partners and landlord Chaskiel Strulovitch could be nearing an end.
Of Strulovitch’s 31-building portfolio, 13 properties are up for sale while loans on the rest of the portfolio are either being reinstated or paid off, according to David Goldwasser, the chief restructuring officer handling the Chapter 11 bankruptcy.
The dispute, which involves 18 entities connected to Strulovitch’s Brooklyn multifamily portfolio, goes back to 2017, when Maverick purchased just under $40 million in loans backed by the properties from Signature Bank. Within six months, Maverick initiated foreclosure proceedings, claiming the landlord was in default due partly to the fact that he wasn’t the sole owner of the properties. (The ownership dispute was at the core of a separate federal suit filed by four investors who alleged Strulovitch was
Bearish
In the last 3 months, 19 analysts have offered 12-month price targets for Signature Bank. The company has an average price target of $239.16 with a high of $315.00 and a low of $165.00.
This current average represents a 19.83% increase from the previous average price target of $199.58.
Analyst Ratings: What Are They?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.