Oryx Vision develops a solid-state LiDAR system that the company says is as simple as a digital camera, with greater reliability and sensitivity than existing LiDAR. Its design uses antennas instead of photodetectors to capture both range and velocity for high-resolution scans, and it has no moving parts. Oryx says the approach is "a million times more sensitive" than existing systems and better handles sunlight and interference from other LiDARs. The lack of complex moving parts produces a more robust package that the company says is attractive for automotive-grade certification. Oryx began work on its prototype six years ago and plans to ship units suitable for testing mounted on cars in the second half of next year. The company recently raised $50 million in a Series B to accelerate development and commercial partnerships with automotive OEMs, tier 1 suppliers and other potential partners. Oryx Vision develops solid-state depth-sensing technology for autonomous vehicles that emits safe light pulses in the long-wave infrared spectrum and uses nano-antennas to receive light waves like radio waves. The company’s core product is a depth sensor built on electro-optics innovations. Oryx was founded in 2009 by David Ben-Bassat and co-founder/CEO Rani Wellingstein. Ben-Bassat previously founded RFWaves and sold it to Vishay; Wellingstein sold his prior company Intucell to Cisco in 2013. The company says it will use new funding to accelerate expansion and recruit physicists, electrical engineers and computer scientists. Financially, Oryx recently closed a $17M Series A to support those plans.

Total raised

$67M

Funding rounds

2

Latest round

Series B

Latest activity

Aug 2017