TetraVue raises $10 million from Samsung, Foxconn, others to give autonomous cars better eyesight

Source: venturebeat.com - Friday, February 17, 2017
TetraVue , a company setting out to arm autonomous cars with ultra high-resolution 3D image-capturing smarts, announced it has raised $10 million from Robert Bosch Venture Capital, Nautilus Venture Partners, Samsung Catalyst Fund, and Foxconn. Founded out of Carlsbad, California, in 2008, TetraVue has been developing what it calls “an entirely new approach” to flash LIDAR technology — a method of surveying the environment using laser-powered light. The company has made a solid-state (no moving parts) 3D camera prototype that it plans to miniaturize and commercialize across the burgeoning self-driving car industry. For cars to maneuvre through traffic at high speeds and avoid collisions, the vehicles must be able to “see” and understand the conditions around them — something that becomes all the more challenging when you factor in poor lighting and bad weather conditions. This is why quality cameras capable of processing detailed imagery at speed and distances is key if the autonomous car industry is to properly take off. Put simply, cars will need eyes and brains. BMW and Intel recently committed to testing 40 self-driving cars on U.S. and European roads in 2017, and for the endeavor they’ve enlisted Mobileye , an Israeli computer vision company specializing in building driverless car technology . Elsewhere, Intel recently acquired computer vision startup Itseez as it looks to double down on its automotive efforts, while deep lea

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