DENSO announced it led the Series A funding round for Metawave Corporation, a startup offering radar sensing for automated driving and wireless solutions for 5G deployments. In backing the company, DENSO will harness Metawave’s technologies to accelerate development of a smart radar system for autonomous cars. Other Series A participants included new Metawave investors, Mirae Asset Capital and NTT DOCOMO Ventures, and existing Metawave investor, BOLD Capital Partners. DENSO first invested in Metawave in 2018.
Today’s sensors alone cannot meet the safety and smooth-riding requirements of automakers. That’s why Metawave is conducting groundbreaking work in radar sensing with its state-of-the-art analog radar, which provides longer range, higher resolution, and greater angular accuracy and intelligent object classification compared to traditional radars. Such traits allow automakers to provide vehicles with next-generation adaptive cruise control, lane change assist and automated emergency braking. Put together, these analog-radar enabled features increase road safety and the likelihood that increasingly advanced driver assistance systems are accepted in the long-term.