Arbe, the provider of next-generation 4D Imaging Radar Chipset Solution, enabling high-resolution sensing for ADAS and autonomous vehicles, announced the closing of $32 million in Round B funding from existing, new, and CVC investors Catalyst CEL, BAIC Capital, AI Alliance (Hyundai, Hanwha, SKT), and MissionBlue Capital, and from earlier investors Canaan Partners Israel, iAngels, 360 Capital Partners, O.G. Tech Ventures, and OurCrowd. Arbe will use the funding to move to full production of its breakthrough radar chipset, which generates an image 100 times more detailed than any other solution on the market today.
With the new funding, Arbe will focus on expanding its team to support global Tier-1 customers in moving into full production of radar systems based on Arbe’s radar development platform. The delivery of radars based on Arbe’s proprietary chipset is a game changer in the automotive industry, as Arbe’s technology is the first to enable highly precise sensing in all environment conditions. The unique radar technology produces detailed images; separates, identifies and tracks hundreds of objects in high horizontal and vertical resolution to a long range in a wide field of view; enabling the OEMs to provide all-conditions, uncompromised safety to next generation cars with an affordable sensor for mass market implementation.
The technology developed by Arbe resolves some of today’s most pressing radar challenges, which include eliminating false alarms, processing massive amounts of information generated by 4D imaging in real time, and mitigating mutual radar interference. By achieving high-resolution object separation in both azimuth and elevation, Arbe supports safer and more accurate decisions for all levels of autonomous driving.
