Lunewave, manufacturer of specialized, 3D-printed Luneburg lens antennae and radar, announces $7M in Series A investment and the addition of two automotive industry leaders to its board of directors.
FM Capital led the investment round with new investors including Proeza Ventures, Blue 9 Capital, Tsingyuan Ventures and Intact Ventures. Lunewave is also funded through National Science Foundation grants.
The 3D printed Luneburg lens – now its third version in less than three years — offers broad bandwidth, high gain and capability of forming multiple high-quality beams in all directions.
Lunewave radar offers a 180-degree field of view in the azimuth (horizontal) plane and can detect objects surrounding a car with six times the resolution available today, even at long range and in poor weather, capabilities that are normally only achievable with multiple sensors.
New board members
Former BMW executive Peter Schwarzenbacher and Tier 1 supplier executive, James Zizelman, joined Lunewave’s board of directors. Schwarzenbacher is the former president and CEO of Porshe and most recently served on BMW’s board of directors. Zizelman is currently the president of Stoneridge Control Devices and the former vice president of engineering for Aptiv.
For more information, please see Lunewave’s technology in action here Lunewave Product Video