PreAct Technologies, who specialise in near-field software-definable flash lidar, have secured USD $14m in the first close of Series B funding. PreAct CEO Paul Drysch said his company have “experienced significant growth over the past year, as more industries are discovering the power of high-quality 3D data that can be tailored to users’ needs via software and backed by a powerful SDK to include an AI development platform, and this new funding round will allow us to capitalise on the overwhelming interest” he says they are getting from a variety of industries.
PreAct say theirs is the industry’s first sensor designed from the start to be software-definable; it is paired with a comprehensive SDK to enable ready integration with existing software stacks and other systems; it provides high-quality point clouds at a much lower cost than other lidars on the market, and their patent-pending sensors and software complement many of the short-range radar, ultrasound, and visible-light sensors and cameras presently used for these purposes.
PreAct Technologies headquarters is in Portland, Oregon, with offices in Ashburn, Virginia; Rochester, New York; and Barcelona, Spain.
