Blackmore Sensors and Analytics, Inc. has raised USD3.5 million in a Series A funding round led by Next Frontier Capital and Millennium Technology Value Partners, the company said.
Blackmore will use the funds to miniaturize its FMCW lidar engine and deliver affordable, high-performance lidar sensors to the automotive and surveillance markets.
Blackmore´s HRS-3D surveillance lidar pairs long-range sensing capabilities with advanced algorithms to provide real-time mapping and situational awareness to its surveillance customers. The heart of this sensor, a state-of-the-art FMCW lidar engine, functions more like a modern radar system than the conventional pulsed laser 3D imaging technologies currently on the market.
Blackmore develops compact and robust frequency-modulated continuous wave (FMCW) lidar imaging and its supporting analytic tools software. It´s core technology brings the advanced toolsets of modern radar into the optical domain enabling a new era of unprecedented lidar systems performance.
Founded in 2015, Next Frontier Capital (NFC) partners with mission-driven, talented entrepreneurs to build Montana technology companies of national impact, utility and value. It is based in Bozeman, MT.