Funding Details
- Awarder
- SemiNews
- Date Award
- March 20, 2024
- Vertical
- LIDAR Technology
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2022
- Traction
- SteerLight has secured €2 million in funding from a group of investors led by Stellantis Ventures, Quantonation, and LIFTT. The company aims to develop a functional demonstrator for industrial testing and accelerate the design of its first LIDAR product prototype.
- Organizations Involved
- CEA-Leti, Stellantis, Quantonation, LIFTT
- Founders
- François Simoens
- Company Description
- SteerLight, the CEA-Leti spin-off, is revolutionizing LIDAR technology using silicon photonics. The company aims to develop a high-performance miniature LIDAR module for mobility and Industry 4.0 applications. SteerLight's technology promises substantial improvements in performance, cost, and compactness compared to existing LIDAR solutions by leveraging silicon photonics.
- Market
- Industry 4.0 and Automotive
- Location
-
Grenoble,
France
- Coinvestors
- Stellantis Ventures, Quantonation, LIFTT
Links