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Wavesense Secures $15 Million To Accelerate Next Generation Adas And Autonomous Features With World’S Most Precise And Reliable Positioning System

Wavesense Secures $15 Million To Accelerate Next Generation Adas And Autonomous Features With World’S Most Precise And Reliable Positioning System

03/30/21, 10:03 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsomerville
Money raised
$15 million
WaveSense, the world’s only provider of Ground Positioning RadarTM (GPR) for precise vehicle localization, announced today it has raised $15 million. This round was led by top technology investors Rhapsody Venture Partners and Impossible Ventures.

Company Info

Company
Wave Sense
Location
somerville, pennsylvania, united states
Additional Info
WaveSense uses ground-penetrating radar (GPR) technology to create a map of each road’s unique subsurface signatures, from which self-driving cars can navigate. Vehicles using the WaveSense map are unaffected by common but challenging road conditions like snow, heavy rain, fog, or poor lane markings. Because WaveSense's solution is independent of dynamic environments above the road, even in clear conditions it can improve overall navigation by orders of magnitude when combined with existing sensor suites.