Lidwave has successfully raised $10 million to advance the development of on-chip 4D LiDAR sensors, which are designed to enhance machine vision for applications such as pedestrian detection and industrial automation.

The company's innovative Finite Coherent Ranging (FCR) technology improves sensor reliability and accessibility by treating light as a wave, allowing for precise range and velocity measurements.

Founded in 2021 in Jerusalem by Yehuda Vidal, Yossi Kabessa, and Uri Weiss, Lidwave leverages its expertise in coherent optics to create affordable and scalable LiDAR solutions.

Investor interest in Lidwave is fueled by the scalability and adoption potential of their technology, which addresses the limitations found in traditional LiDAR systems.

Recent advancements in semiconductor technology have enabled Lidwave to integrate optical components into silicon wafers, representing a significant breakthrough in LiDAR development.

To bring its LiDAR technology to market, Lidwave plans to collaborate with various manufacturers and suppliers, focusing on industries such as automotive and industrial automation.

The term '4D' in Lidwave's technology refers to its ability to capture spatial data over time, which enhances the imaging of moving objects.

The funding round was led by Jumpspeed Ventures and Next Gear Ventures, with additional investment coming from a prominent Swedish truck manufacturer.

Lidwave's 4D LiDAR sensors provide both depth and velocity data, crucial for enabling machines to better understand their environment, particularly in applications like self-driving cars and smart cities.

This technology is often referred to as LiDAR 2.0, as it integrates complex LiDAR systems onto a single chip, significantly reducing costs and complexity.