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Image provided by VoxelSensors.
VoxelSensors, a 3D perception firm, has announced it has received €5 million (about $5,418,000) in seed funding to develop 3D perception technologies, according to a press release.
Participating investors include Belgian venture capital firms Capricorn Partners and Qbic.
VoxelSensors is the creator of Switching Pixels Active Event Sensor technology (also known as SPAES), a 3D perception solution for use in extended reality (XR).
The SPAES technology uses less than 10 milliwatts in power consumption, with latency under 5 milliseconds, and is resistant to crosstalk interference and outdoor lighting up to five meters.
“We are excited to invest with the Capricorn Digital Growth Fund in VoxelSensors,” Marc Lambrechts, investment director at Capricorn Partners, said in the release. “We appreciate the broad experience in the team, the flexibility of the 3D perception solution towards different applications and the solid intellectual property base, essential for the success of a deep tech start-up. The team has a proven track record to build a scalable business model within a Europe-based semiconductor value chain. We also highly value the support of the Brussels region via Innoviris.”
“As an inter-university fund, Qbic is delighted to support VoxelSensors in this phase of its journey,” Steven Leuridian, partner at Qbic III Fund, said in the release. “It’s a pleasure to see the team that led one of Vrije Universiteit Brussels’ (VUB) most prominent spinoffs to successful exit, start another initiative in this space. They will leverage again the expertise VUB has in this domain, through an extensive research collaboration. We truly believe VoxelSensors is a shining example of a European fabless semiconductor company that holds potential to lead its market.”
Lambrechts and Leuridian were also appointed to the VoxelSensors board of directors pursuant to the investment, effective immediately.
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