# SteraVision Co

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/steravision-co

- Industry: Semiconductors
- Headquarters: Tsukuba, Japan
- Website: www.steravision.com/
- Total disclosed funding: $4.3M
- Latest round: Series B (Apr 16, 2021)
- Investors on record: 3

## About

Based in Japan, SteraVision Co., Ltd. specializes in developing advanced visual systems designed to enhance human-like vision capabilities through innovative technologies, targeting various sectors including automotive and industrial applications.Founded in 2016 in Tsukuba, Japan, SteraVision Co., Ltd. focuses on creating innovative visual systems. The company has completed 2 deals, with its most recent funding occurring on April 16, 2021, when it raised JPY 330 million in Series B funding from Universal Materials Incubator and 360ip. The current company valuation stands at JPY 1,198.682 mn.SteraVision specializes in advanced visual systems that aim to enhance human-like vision capabilities through innovative technologies. The company's core offerings include a new scanning method called Warp Scan, allowing users to focus on areas of interest with weighted scanning capabilities. This technology is applicable in various sectors, including automotive and industrial equipment, serving as a vital component for Lidar systems and intrusion sensors. Its products cater to manufacturers of industrial robots and automotive technology suppliers, with a geographic reach extending beyond Japan.SteraVision generates revenue through direct sales of its visual technology solutions to B2B clients in the automotive and industrial sectors. The company has executed funding rounds, including a third-party share allocation facilitated by UMI2 Fund and 360ip Japan Fund, supporting its research and development initiatives. The transaction structure focuses on long-term partnerships with firms looking to implement SteraVision's patented technologies, such as Digital Coherent Lidar systems, into their product lines. Pricing strategies are established based on specific applications and technological advances, ensuring clients receive tailored solutions.In April 2021, SteraVision Co., Ltd. raised JPY 330 million in Series B funding, which will be utilized to accelerate the development of LiDAR technology designed to enhance detection capabilities in challenging environmental conditions. The company aims to invest in Multipol and FMCW-LiDAR technologies necessary for automatic vehicle operation and robotics vision. Future plans include launching new products targeting the automotive and industrial sectors, as well as expanding into international markets, including regions that require advanced optical systems.

## Funding rounds

- Series B, Apr 16, 2021, $3M — 360ip, Universal Materials Incubator
- Series A, Dec 5, 2018, $1.3M — 360ip, Nissay Capital

## Investors

- 360ip (https://capitalatlas.ai/funds/360ip) — Series A, Series B
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series A
- Universal Materials Incubator (https://capitalatlas.ai/funds/universal-materials-incubator) — Series B