SiLC Technologies is a company that develops Frequency Modulated Continuous Wave (FMCW) LiDAR solutions. Their LiDAR technology provides machines with data to classify objects through high accuracy and resolution. SiLC's "Eyeonic Vision System" is designed to equip machines with near-human vision capabilities and is being tested and developed for use in drones, robotics, and the automotive industry. Honda has invested in SiLC, expecting its LiDAR technology to be useful across multiple markets.
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SiLC Technologies raised $25,000,000 in additional funding, bringing total funding proceeds from its Seed and Series A rounds to $56,000,000.