{"id":440,"date":"2019-07-02T10:29:45","date_gmt":"2019-07-02T10:29:45","guid":{"rendered":"http:\/\/seventh-studios.com\/project\/harper\/?p=440"},"modified":"2019-07-02T10:29:45","modified_gmt":"2019-07-02T10:29:45","slug":"airy3d-raises-us10-million-series-a-funding-led-by-intel-capital-francais","status":"publish","type":"post","link":"https:\/\/wiharper.com\/airy3d-raises-us10-million-series-a-funding-led-by-intel-capital-francais\/","title":{"rendered":"AIRY3D raises US$10 million Series A funding led by Intel Capital Fran\u00e7ais"},"content":{"rendered":"\n

Accelerating the launch of its single sensor solution for 3D computer vision <\/strong><\/p>\n\n\n\n

MONTREAL, July 17, 2018 \/CNW Telbec\/ – AIRY3D Inc., a Montreal-based 3D computer vision start-up, today announced that it has raised US$10 million in an oversubscribed Series A funding round led by Intel Capital<\/a>, including all Seed round investors CRCM Ventures<\/a>, Nautilus Venture Partners<\/a>, R7 Partners<\/a>, Robert Bosch Venture Capital<\/a> (RBVC), and WI Harper Group<\/a> along with several angel investors that are affiliates of TandemLaunch<\/a>, the\n incubator that spun out AIRY3D. This financing will allow AIRY3D to \nadvance its licensing roadmap for the first commercial adoptions of its Depth<\/strong>IQTM<\/sup> 3D sensor platform with top-tier mobile OEMs (original equipment manufacturers) in 2019. <\/p>\n\n\n\n

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AIRY3D\u0092s DepthIQTM technology can render 3D point cloud images from a single image taken from a single camera (shown as a 2D image). (CNW Group\/AIRY3D)<\/figcaption><\/figure>\n\n\n\n

A simple, drop-in solution, Depth<\/strong>IQTM<\/sup> is an enabler for many burgeoning markets that span mobile, automotive, AR\/VR, drones, robotics, smart homes and beyond.<\/strong><\/p>\n\n\n\n

“The simplicity and cost-efficiency of AIRY3D’s 3D \nsensor technology, which does not require multiple components, helps \nposition AIRY3D’s technology as a potential enabler for many target \nmarkets”, said Dave Flanagan, vice president and group managing director at Intel Capital.<\/p>\n\n\n\n

Beyond the mobile market: 3D sensors are enabling new applications such as life-saving technologies in the automotive industry.<\/strong><\/p>\n\n\n\n

“AIRY3D’s Depth<\/strong>IQTM<\/sup>\n platform is a cost-effective technology that can accelerate the \nadoption of several new applications such as facial, gesture and object \nrecognition, portrait modes, professional ‘Bokeh’ effects, and image \nsegmentation in mobile markets and beyond,” said Dr. Ingo Ramesohl, \nManaging Director at Robert Bosch Venture Capital GmbH. “We see \ntremendous opportunities in one of the largest business areas of Bosch –\n  the automotive industry. The adoption of 3D cameras inside the cabin \nand outside with ADAS can drive significant improvements in safety and \nfacilitate the industry’s shift towards autonomous vehicles.” <\/p>\n\n\n\n

“After concluding our Seed round in March 2017, we fabricated Depth<\/strong>IQTM<\/sup>\n 3D sensors on state-of-the-art CMOS wafers in collaboration with a \nleading sensor OEM. AIRY3D has since demonstrated 3D camera prototypes \nand numerous use cases. With the support of Intel, Bosch and our other \ninvestors, we now are formalizing partnerships with camera sensor OEMs \nand design-in collaborations with industry leading end customers in our \nstrategic markets,” said Dan Button, CEO of AIRY3D. <\/p>\n\n\n\n

AIRY3D’s Depth<\/strong>IQTM<\/sup>\n platform can convert any single 2D imaging sensor into one that \ngenerates a 2D image and 3D depth data. It combines simple optical \nphysics (our broadly patented, in situ<\/em> Transmissive Diffraction \nMask technology) with proprietary algorithms to deliver versatile 3D \nsensing solutions while preserving 2D performance. The simplicity of \nthis solution, including its inherently compressed data set, translates \nto dramatic savings in hardware, size and computational load. In turn, \nthis enables faster, cheaper, smaller 3D solutions that facilitate \nnumerous human and machine vision applications, and machine learning.<\/p>\n\n\n\n

Click here<\/a> to view how AIRY3D’s Depth<\/strong>IQTM<\/sup> technology can render 3D point cloud images from a single image taken from a single camera (shown as a 2D image).    <\/p>\n\n\n\n

ABOUT INTEL CAPITAL
<\/strong>Intel\n Capital invests in innovative startups targeting artificial \nintelligence, autonomous vehicles, workload accelerators, 5G \nconnectivity, virtual reality and a wide range of other disruptive \ntechnologies. Since 1991, Intel Capital has invested US $12.3 billion\n in 1,530 companies worldwide, and more than 660 portfolio companies \nhave gone public or been acquired. Intel Capital curates thousands of \nbusiness development introductions each year between its portfolio \ncompanies and the Global 2000. For more information on what makes Intel \nCapital one of the world’s most powerful venture capital firms, visit www.intelcapital.com<\/a> or follow @Intelcapital<\/a>.<\/p>\n\n\n\n

ABOUT ROBERT BOSCH VENTURE CAPITAL GMBH (RBVC)
<\/strong>RBVC is\n the corporate venture capital company of the Bosch Group, a leading \nglobal supplier of technology and services. RBVC invests worldwide in \ninnovative start-up companies at all stages of their development. Its \ninvestment activities focus on technology companies working in areas of \nbusiness of current and future relevance for Bosch, above all, \nautomation and electrification, energy efficiency, enabling \ntechnologies, and healthcare systems. RBVC also invests in services and \nbusiness models that are relevant to the above-mentioned areas of \nbusiness. www.rbvc.com<\/a> <\/p>\n\n\n\n

ABOUT AIRY3D
<\/strong>Founded in 2015 and spun out of TandemLaunch, a Montreal-based\n incubator, AIRY3D delivers a 3D computer vision solution that is \nunrivaled in its simplicity. Our DepthIQ\u00d4 platform can convert any \ncamera sensor into a single 3D sensor that generates both 2D images and \ndepth maps that are inherently correlated. This drop-in solution enables\n dramatic savings for 3D sensing across the board – hardware and \nmanufacturing, size, computational load and speed, machine learning, \nbandwidth and beyond. AIRY3D is now working with industry leaders to \nunleash next generation mobile applications; mixed reality devices for \nAR\/VR; monitoring systems for autos, drones and security; as well as \nmachine vision solutions for object recognition and manipulation. www.airy3d.com<\/a>  <\/p>\n\n\n\n

Twitter:  @AIRY3D<\/a>
LinkedIn:  https:\/\/www.linkedin.com\/company\/airy-3d<\/a>
AngelList:  https:\/\/angel.co\/airy-3d<\/a> <\/p>\n\n\n\n

SOURCE AIRY3D<\/p>\n\n\n\n

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

For\n further information: Dan Button, AIRY3D Inc., President and CEO, E: \ndbutton@airy3d.com, T: +1-978-505-7754; Media relations: Danielle \nSte-Marie, E: Danielle@ste-m.ca, T: +1-514-465-6701<\/p>\n","protected":false},"excerpt":{"rendered":"

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