Automotive Jun 07, 2022 09:31 AM (GMT+8) · EqualOcean
Yiou auto reported on June 7. Yesterday, Yaotu investment portfolio and vayyar imaging, an Israeli 4D RF imaging enterprise, announced that it had completed a round e financing of US $108million, which was led by Koch disruptive technologies (KDT). With the previous financing of 188million, the company's total financing amount was close to US $300million. In August 2017, Yaotu capital participated in vayyar's round B financing, and since then has assisted in docking with China's application market, helping to set up Chinese subsidiaries, and helping to build a Chinese commercialization and service team. In the new round of financing, two new investors, Gly capital management and atriides Management LP, were introduced. At the same time, several existing investors continued to pursue investment, including KDT, battery ventures, Bessemer ventures, more VC, Regal four and claltech. This round of financing will be used for vayyar machine learning, in-depth learning and other technology research and development, to accelerate the commercialization and business globalization in the vertical fields such as smart home, smart building, public safety, medical treatment, robotics and retail. Vayyar is an Israeli high-tech company focusing on 4D millimeter wave RF imaging technology. It provides affordable imaging sensors for many fields, including automobiles and elderly care.