Fundz

Arbe Chipset-Based Radar Systems Developer, Sensrad, Receives Strategic Investment From Gapwaves

PRIVATEApr 27, 2023

Round Type

Corporate Round

Tel AvivManufacturingAutomotive

Investors

Qamcom Group ABGapwavesGapwaves Ab ,

Description

Arbe Robotics Ltd. (Nasdaq: ARBE) ("Arbe"), a global leader in perception radar solutions, today announced that Sensrad AB ("Sensrad"), which offers a unique 4D Imaging Radar sensor based on Arbe's chipset, has received a strategic investment from Gapwaves AB (publ) ("Gapwaves"), as announced by Gapwaves in a separate release earlier today. Sensrad is a recent spin-out venture from Qamcom Group AB ("Qamcom").

Quick answer

Arbe raised an undisclosed amount in a Corporate Round round, dated April 27, 2023. Investors: Qamcom Group AB, Gapwaves and Gapwaves Ab ,. Arbe is based in Tel Aviv, Tel Aviv District, Israel.

How much did Arbe raise?
Arbe raised an undisclosed amount in a Corporate Round round on April 27, 2023.
Who invested in Arbe?
Qamcom Group AB, Gapwaves and Gapwaves Ab , are named as investors in this round.
What does Arbe do?
Arbe is building the future car’s eyes and brain using a High-Resolution Radar, enabling cars to “see” the environment in any weather and any lighting condition, to long, mid and short ranges, in any azimuth, elevation,..
Where is Arbe based and how big is it?
Arbe is based in Tel Aviv, Tel Aviv District, Israel. Fundz records about 184 employees.
Who are the decision-makers at Arbe?
Fundz holds 1 contact at Arbe. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Automotive and Manufacturing around the same time

Companies in the same sectors as Arbe that raised within 45 days of this round, from Fundz verified event records.

  • Pioneer Corporation raised an undisclosed amount on June 5, 2023.
  • Loewi raised $1.1M (Seed) on May 29, 2023.
  • Ethernovia raised $64M (Funding Round) on May 15, 2023.
  • Hyperion Companies raised $200K (Seed) on May 12, 2023.
  • Kate raised $7.6M (Funding Round) on April 20, 2023.
  • Arris Composites, Inc. raised $30M on April 14, 2023.

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Company Information

Company

Arbe

Location

Tel Aviv, Tel Aviv District, Israel

About

Arbe is building the future car’s eyes and brain using a High-Resolution Radar, enabling cars to “see” the environment in any weather and any lighting condition, to long, mid and short ranges, in any azimuth, elevation, range and Doppler. Our radar detects cars, motorcycles, bikes, and most importantly humans. Arbe’s radar, based on our proprietary chipsets, is a next generation of safety products for ADAS and autonomous driving, offering superior performance at a low cost, size and power consumption.

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