TriEye

Israel-based TriEye offers complementary metal-oxide-semiconductor (CMOS)-based short-wave infrared (SWIR) sensing solutions pitched toward autonomous vehicles, advanced driver assistance systems (ADAS), and biometric and industrial applications. Its product portfolio includes the “SEDAR” (Spectrum Enhanced Detection And Ranging) sensor that provides imaging and depth information for autonomous driving systems and ADAS. The company claims the sensor could potentially replace the sensing technologies used in vehicles currently (i.e., the combination of cameras, radar, and LiDAR) as the company brings down the cost of the technology. TriEye also claims to be the world's first CMOS-based SWIR sensor maker.

Key customers and partnerships

TriEye’s customer partnerships include automobile manufacturer Porsche (January 2020) and global automotive supplier DENSO (June 2021). In January 2022, the company partnered with Hitachi Astemo, a Tier-1 automotive supplier to incorporate SEDAR sensors in ADAS solutions. 

The company also entered partnerships with Continental Engineering Services, a provider of engineering services and components to the automotive industry, for the implementation of SWIR imaging systems in Driver Monitoring Systems (May 2021), and with Trimble , a provider of machine control technology for agriculture and construction, to explore the use of autonomous vision systems (June 2021). In June 2023, TriEye partnered with Coherent, a developer of semiconductor lasers, to launch a laser-illuminated SWIR imaging system for automotive and robotic applications.

Funding and financials:

In November 2021, TriEye raised USD 74 million in a Series B funding round co-led by M&G Investments and Varana Capital to commercialize its product offerings primarily targeting automotive applications.