Arbe Robotics Ltd raises 32,000,000 USD from a group of investors for the continued development and production of its 4D imaging radar chipset solution
Our Hi-tech and Technology Department was happy to represent Arbe Robotics Ltd. in a round b investment. The investment was led by Catalyst CEL and included AI Alliance (a fund in which the car manufacturer Hyundai is a partner), BAIC Group(Beijing Automotive Group CO.,Ltd) (a branch of a leading Chinese car manufacturer) and MissionBlueCapital. Furthermore, certain existing investors of Arbe also participated in the investment: iAngels, Canaan Partners Israel, OurCrowd, 360 Capital Partners and O.G. Tech Ventures.
Arbe Robotics is developing advanced high-resolution radar technology for autonomous vehicles and autonomous driving of all levels. Such technology generates an image 100 times more detailed than any other solution available on the market today.
This successful investment was led by Partner Shay Dayan and Adv. Kay Geller. For further reading >> https://lnkd.in/duMfa5D