{"id":4549,"date":"2023-04-27T15:34:53","date_gmt":"2023-04-27T15:34:53","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=4549"},"modified":"2023-04-27T15:34:54","modified_gmt":"2023-04-27T15:34:54","slug":"preact-technologies-raises-20-million-in-series-b-funding-for-revolutionary-lidar-sensors","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/preact-technologies-raises-20-million-in-series-b-funding-for-revolutionary-lidar-sensors\/","title":{"rendered":"PreAct Technologies Raises $20 Million in Series B Funding for Revolutionary LiDAR Sensors"},"content":{"rendered":"
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\"\"<\/figure><\/div>\n\n\n

PreAct Technologies<\/a>, a Portland, Oregon-based company, has raised $20 million in a Series B funding round. The investment was led by I Squared Capital<\/a>, with participation from State Farm Ventures<\/a> and Luminate Capital<\/a>.<\/p>\n\n\n\n

The company is known for developing and selling software-definable flash LiDAR sensors that are affordable, compact, and designed to work in a variety of use cases. The sensors offer solutions in industries such as automotive, trucking, robotics, healthcare, agriculture, smart cities, and industrial applications.<\/p>\n\n\n\n

PreAct’s sensors consist of a TrueSense flash LiDAR (3D camera), edge processing, and communications to an external platform, such as a laptop or the company’s cloud service. The company also provides a software development kit (SDK) that supports users in visualizing and working with the data in real time.<\/p>\n\n\n\n

\"About<\/figure>\n\n\n\n

The SDK includes an AI development platform that has been optimized for the sensor’s 3D output, enabling the development of AI algorithms with minimal training. <\/p>\n\n\n\n

\"Meet<\/figure>\n\n\n\n

The SDK can control the sensor directly and serves as the gateway to the company’s cloud service, providing a data structure supporting AI training and data mining. Visit us for more information about their latest funding round: https:\/\/founderlodge.com\/round\/PreAct-Technologies-raises-20000000-Series-B-2023-04-26-Paul-Drysch-MTI0NTc<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

PreAct Technologies, a Portland, Oregon-based company, has raised $20 million in a Series B funding round. The investment was led by I Squared Capital, with participation from State Farm Ventures and Luminate Capital. The company is known for developing and selling software-definable flash LiDAR sensors that are affordable, compact, and designed to work in a […]<\/p>\n","protected":false},"author":3,"featured_media":4553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[394,553,732,731,28],"yoast_head":"\nPreAct Technologies Raises $20 Million in Series B Funding for Revolutionary LiDAR Sensors - Founder Lodge Latest News<\/title>\n<meta name=\"description\" content=\"PreAct Technologies, a Portland, Oregon-based company, has raised $20 million in a Series B funding round. 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