Israeli radar sensor agency Vayyar Imaging raises $109 million


TEL AVIV (Information) – Vayyar Imaging, an Israeli supplier of radar imaging sensor expertise, mentioned on Wednesday it raised $109 million in a financing spherical led by Koch Disruptive Applied sciences, bringing its complete raised to-date to $188 million.

Regal 4 and all current traders together with Battery Ventures, Bessemer Ventures, ICV, ITI, WRVI Capital and Claltech participated within the spherical.

Vayyar mentioned it’s going to use the funds to boost its core expertise and increase its choices.

Vayyar gives sensors to the automotive, sensible dwelling, robotics, retail and medical industries. The corporate mentioned its sensors can see by means of partitions and objects and don’t accumulate optic knowledge, defending customers’ privateness.

Funding agency Koch Disruptive is a subsidiary of Koch Industries Inc.