Lumotive (Strategic)
Funding Details
Awarder
SemiNews
Date Award
January 3, 2023
Vertical
Optical Semiconductors
Funding Amount
$13,000,000
Company Info
Traction
More than two dozen world-class companies are currently engaged with Lumotive to utilize the high-performance, small form factor, and low-cost advantages of the company's LCM chips to develop next-generation lidar systems for autonomy, automation, and augmented reality (AR) markets.
Organizations Involved
Gates Frontier, MetaVC Partners, Quan Funds, Samsung Ventures, Uniquest, USAA
Founders
Dr. Sam Heidari
Market
Consumer, Mobility, and Industrial
Location
Seattle, WA, US
Coinvestors
USAA, Uniquest
Company Description

Optical semiconductor company producing digital beam steering chips for 3D sensing and beyond