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Scantinel raises €10m in Series A funding from PhotonDelta, Scania and ZEISS

What happened

Scantinel Photonics secured €10 million in Series A funding from PhotonDelta, Scania, and ZEISS to roll out its FMCW LiDAR devices. The funding supports the commercialization of a specific LiDAR technology for autonomous mobility and industrial applications. Neutral: This is a company-specific R&D funding event with no immediate, direct impact on semiconductor supply, demand, or pricing for traders.

Impact and signal

Low impactImpact score: 10/100

Affected components and suppliers

LiDARFMCW LiDAR
Scantinel Photonics GmbH
fundingR&DLiDAR

Source and time

Source: Semiconductor Today · 11/24/2022 · View original source

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