Aeva builds perception and sensing solutions that merge lidar-on-chip hardware with system-on-chip processing and embedded perception algorithms based on silicon photonics. Its frequency-modulated continuous-wave (FMCW) 4D LiDAR simultaneously measures position and velocity, enabling high-resolution, real-time perception for vehicles, industrial machines, service robots, smart infrastructure, and future consumer technologies. The company positions itself as a leader in next-generation sensing at a time when global demand for precise velocity and position data is accelerating. Management claims growing commercial traction and multiple active customer programs. The newly announced capital will allow Aeva to scale delivery on these programs and pursue additional opportunities across automotive, industrial, and emerging markets. Financially, Aeva just secured $100 million in fresh funding via convertible senior notes, giving it added resources to expand execution and reinforce its market leadership. Specific revenue or user metrics were not disclosed in the announcement.

Total raised

$195M

Funding rounds

4

Latest round

Convertible Note

Latest activity

Nov 2025