RealSense, a company specializing in AI-driven stereoscopic imaging and computer vision technologies, has officially spun out from Intel Corp. The spinout was accompanied by a $50 million Series A funding round led by Intel Capital and the MediaTek Innovation Fund. RealSense focuses on advancing innovation in AI, robotics, biometrics, and automation, with applications targeting sectors such as healthcare, industry, and defense. The company plans to use the new funding to expand its product lines and accelerate growth in the rapidly growing robotics sector, particularly in AI-powered vision technologies for humanoid robots and automation tools.
Lumotive, whose optical chip tech can "steer" laser light and is an alternative to lidar, extends its Series B from $45M to $59M, including from Amazon's IIF (@rebecca_szkutak / TechCrunch) https://t.co/k9hhbtSg3l https://t.co/GTJCoPmu5E https://t.co/ZOzeer2dpR
Amazon backs programmable optics startup Lumotive: https://t.co/vEcfqaKsnJ by TechCrunch #infosec #cybersecurity #technology #news
xLight Raises $40 Million Series B to Revolutionize Semiconductor Manufacturing https://t.co/buAUt20aG1 #news #biotech