# TriEye

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trieye

- Industry: Semiconductors
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.trieye.tech
- Total disclosed funding: $20M
- Latest round: Series A (May 28, 2019)
- Investors on record: 2

## About

TriEye Ltd. is an innovative company specializing in advanced Short-Wave Infrared (SWIR) sensing technology, focusing on enhancing imaging and ranging capabilities for automotive safety and automation applications.Founded in 2017, TriEye Ltd. is based in Tel Aviv-Yafo, Israel. The company specializes in SWIR sensing technology, providing solutions for automotive safety. TriEye was co-founded by Avi Bakal and Omer Kapach, with Avi Bakal also serving as the CEO. The company has successfully raised USD 74 mn in funding as of November 2021, securing investment from multiple notable investors, including M&G Investments and Varana Capital. TriEye has completed a total of 4 deals to date.TriEye specializes in advanced Short-Wave Infrared (SWIR) sensing technology, which enables critical imaging and ranging capabilities across a range of applications, particularly in automotive safety and automation sectors. The company's flagship product, the TES200, is a 1.3MP SWIR image sensor engineered using a CMOS manufacturing process, allowing for scalable production and high integration flexibility. This sensor enhances vision systems by delivering essential information in various environmental conditions, addressing challenges such as pedestrian safety and collision avoidance. TriEye's technology is tailored for Advanced Driver Assistance Systems (ADAS) and autonomous vehicles, serving a global customer base that includes automotive manufacturers and technology integrators across Europe, North America, and Asia.TriEye operates on a B2B model, engaging directly with automotive manufacturers and technology firms to supply its SWIR imaging solutions. The company generates revenue through long-term contracts and direct sales, primarily from the sale of its proprietary TES200 sensor and products within the Raven product line, designed for diverse use cases including industrial automation and consumer electronics. Specific financial details regarding pricing structures and transaction volumes are proprietary.In November 2021, TriEye Ltd. raised USD 74 mn in venture funding, using the investment to commercialize its SEDAR (Spectrum-Enhanced Detection And Ranging) imaging and ranging solution for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). The company aims to expand its product offerings and enhance its technology capabilities in the automotive sector, targeting key global markets for expansion.

## Funding rounds

- Series A, May 28, 2019, $17M — Intel Capital, Grove
- Seed, Jun 19, 2018, $3M — Grove

## Investors

- Grove (https://capitalatlas.ai/funds/grove) — Seed, Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A