Tech Company Financing Transactions
Opsys Tech Funding Round
On 1/5/2023, Opsys Tech received $36.5 million in Series C investment from 83North, Osage University Partners and Saban Ventures.
Transaction Overview
Company Name
Announced On
1/5/2023
Transaction Type
Venture Equity
Amount
$36,500,000
Round
Series C
Proceeds Purpose
The Series C financing will support the ramp of commercial automotive production quantities of Opsys Tech's LiDAR sensor solutions. Opsys Tech has developed the world's only highly reliable, low-cost, and high-performance solid-state scanning LiDAR sensor with absolutely no moving parts that meets "all specs at all times".
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Campus Amot Building. 2 Harokmim St. 14th floor
Holon, 5885825
IL
Holon, 5885825
IL
Phone
Website
Email Address
Overview
Opsys was founded at 2016 by an integrated team with proven track record in electric optical systems. We decided to continue all the team together to our next aspiration and build a world leading LiDAR solution that will drive autonomous application to commercialization with maximized safety and performances. With extensive experience in scalable production and automation manufacturing the team design the sensor to volume production from day one. Our partners promise themselves stable supply with the benefit of scalable production pricing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Eitan Gertel
Chief Executive Officer
Rafi Harel
Vice President
Mark Donovan
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Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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