logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Cambridge Terahertz secures $12 million in seed funding led by Felicis, with support from Amazon's Industrial Innovation Fund, to enhance return fraud detection.

Jul 24, 20255 months ago

Amount Raised

$12 Million

Round Type

seed

SunnyvaleInformation TechnologySecurity

Investors

Amazon's Industrial Innovation FundFelicis

Description

Cambridge Terahertz has raised $12 million in seed financing to enhance its 3D imaging technology that detects return fraud. The funding round was led by Felicis, with participation from Amazon's Industrial Innovation Fund. This technology aims to help retailers efficiently identify fraudulent returns that cost them billions annually. The partnership with Amazon highlights the growing interest in innovative solutions for logistics challenges.

Company Information

Company

Cambridge Terahertz

Location

Sunnyvale, California, United States

About

Cambridge Terahertz is a Sunnyvale, California-based startup focused on developing advanced imaging systems. Their innovative 3D imaging technology allows retailers to see inside unopened packages, which helps in identifying cases of return fraud. Founded in 2023 by Nathan Monroe, the company aims to enhance the accuracy and efficiency of inventory screening in retail operations. Cambridge Terahertz has effectively miniaturized sophisticated security scanning technology into a compact, user-friendly device.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech