# LightCode Photonics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lightcode-photonics

- Industry: Software
- Headquarters: Tartu, Estonia
- Website: www.lightcodephotonics.com
- Total disclosed funding: $0.5M
- Latest round: Angel (May 17, 2021)
- Investors on record: 2

## About

LightCode Photonics develops advanced 3D cameras leveraging direct Time-of-Flight technology to enhance the capabilities of autonomous robots and vehicles. Their innovative imaging solutions support a range of industrial applications.Founded in 2020 in Tartu, Estonia, LightCode Photonics specializes in advanced 3D imaging technology. The company raised EUR 425,000 in an Angel round on May 17, 2021, led by Specialist VC and Superangel. The founders, Andreas Valdmann and Jan Bogdanov, have established a strong foundation in the tech industry, with Jan Bogdanov serving as the CEO.LightCode Photonics focuses on developing dToF 3D cameras, with flagship products including the TrueSight 2.0 and TrueSight 1.0. These cameras are designed for various sectors such as logistics, defense, agriculture, and industrial applications, enhancing object detection and SLAM capabilities for autonomous technologies. The company serves clients globally across North America, Europe, and Asia, providing advanced imaging solutions for their operations.In the most recent year, LightCode Photonics recorded a revenue of EUR 52.00 mn and an EBITDA of EUR -449,604.1, reflecting their operational investment in technology development for the autonomous sector.LightCode Photonics intends to utilize the recent funding to develop a compact prototype of the LiDAR-class SD3D (Software Defined 3D) Camera, incorporating intelligent perception algorithms. The company aims to expand its reach into new markets, particularly in North America and Asia, by 2023, diversifying its product offerings and enhancing its technological capabilities.

## Funding rounds

- Angel, May 17, 2021, $0.5M — Superangel, Specialist VC

## Investors

- Superangel (https://capitalatlas.ai/funds/superangel) — Angel
- Specialist VC (https://capitalatlas.ai/funds/specialist-vc) — Angel