By investing money in Israeli start-up company TriEye, Porsche is looking to benefit from the latter’s short-wave infrared sensor technology (SWIR), which should enhance safety in vehicles equipped with driver assistance systems.
This tech is said to improve a car’s ability to see in poor weather conditions such as dust, fog or rain. Also, TriEye’s unique patent-pending semi-conductor design makes it possible to manufacture SWIR HD cameras at a “fraction of their current cost.”
“TriEye is a promising technology company led by an exceptionally strong team with experience in the areas of nano-photonics, deep learning and the development of semi-conductor components,” said Porsche R&D exec, Michael Steiner. “We see great potential in this sensor technology that paves the way for the next generation of driver assistance systems and autonomous driving functions. SWIR can be a key element: it offers enhanced safety at a competitive price.”
Despite being founded in 2017, TriEye’s tech is based on almost a decade of advanced research in nano-photonics, performed by Professor Levy, the company’s CTO.
Also read: 2020 Porsche Taycan Will Be Able To Stream Apple Music Wirelessly
“Our mission is to save lives and reduce risks of accidents in all weather and lighting conditions,” said TriEye CEO and co-founder, Avi Bakal. “The expansion of our Series A round and the addition of Porsche as a strategic investor serves as further proof that SWIR is a critical component in the necessary sensor fusion solution to enable safer and better advanced driver assistance systems and autonomous vehicles.”
The amount invested by Porsche in the Israeli start-up was not disclosed.
