Uhnder – a technology company to create the most advanced radar sensors for safe and automated mobility of people and goods – announced a $50 million Series D raise. ACME Capital led the funding round with participation from Magna, Qualcomm Ventures, El Camino Capital, Monta Vista Capital, Sagitta Ventures, and HT Capital.
Uhnder shipped over 200,000 of its next-generation digital radar chips and has dozens of customer engagements in the automotive, industrial, and defense sectors. And this investment will enable Uhnder to expand its market presence materially.
KEY QUOTES:
“Uhnder produces the only radar in the world that is virtually impervious to spoofing by bad actors, boasting best-in-class performance and robustness against interference.”
- Hany Nada, Co-Founder and Managing Partner at ACME Capital
“Uhnder’s single-chip 4D digital radar offers accurate scene representation with rich, high-resolution information previously unattainable. It’s a proven System-on-a-Chip solution that’s available to meet the high-performance perception needs in the market.”
- Boris Shulkin, Executive Vice President and Chief Digital and Information Officer at Magna International
“We are excited with the positive response to our mass-market secure imaging radar chip and software, both of which meet automotive qualifications and in production.”
- Dr. Manju Hegde, CEO of Uhnder
