Voyant Photonics, a producer of chip-scale, Frequency-Modulated Continuous Wave (FMCW) LiDAR sensors, recently secured $15.4 million in Series A funding. The round was led by UP.Partners with LDV Capital and Contour Ventures joining in the investment. The company has raised a total of $19.7 million to date.
Voyant Photonics intends to incorporate thousands of optical and electrical components onto a single chip. Most LiDAR solutions employ a time-of-flight (ToF) approach operating at 905nm wavelength using pulsed laser diodes. Voyant FMCW system also requires less power, and delivers doppler velocity measurements in addition to distance.