Lidar Technology Firm Blickfeld Announces Extension Of Series A Funding To $31M

Dec 08, 2021•over 3 years ago

Round Type

series a

Munich

Description

Blickfeld, the Munich-based start-up developing breakthrough high performance and mass-producible LiDAR (Light Detection and Ranging) sensing technology, announces the extension of the company’s Series A funding to $31 million. New Future Capital (NFC), a private equity firm that provides growth capital primarily in Asia, North America, and Europe, was won as a new investor. Furthermore, all existing investors participated in the round including Bayern Kapital, Continental, Fluxunit – ams OSRAM Ventures, High-Tech Gründerfonds, Tengelmann Ventures, and UVC Partners.

Company Information

Company

Blickfeld

Location

Munich, Bavaria, Germany

About

The company plans further development of sensors and software which continue to revolutionize the reliable capturing and utilization of 3D data. Furthermore, the company executed multiple large-scale rollout projects, such as passenger flow detection at airports and volume measurement of bulk material in product warehouses. Founded by Dr. Mathias Müller, Dr. sc. Florian Petit and Rolf Wojtech in 2017, Blickfeld develops and produces LiDAR (Light Detection and Ranging) sensors and perception software.