Investment in startup AEye is a vote of confidence for pairing lidar and computer vision

August 20, 2018 | Case Study

In June 2017, Intel Capital, Airbus Ventures, and Kleiner Perkins led a $16 million Series A round for AEye, a developer of an AI-enabled hybrid sensor combining lidar and computer vision technologies for envirionmental applications like autonomous vehicles. Historically, developers have approached sensors as a battle between lidar and computer vision to find the singular sensor solution that would solve all perception and navigation challenges. However, over the past few years, developers have realized that a suite of sensors is necessary, as they can combine technical capabilities like measurement accuracy and scene perception. AEye's hybrid product, and investment, embodies the change in attitude among developers and investors alike.