Vayyar completes US$108m funding round, led by KDT
Yiou auto reported on June 7. Yesterday, Yaotu’s investment portfolio and Vayyar Imaging, an Israeli 4D RF imaging company, announced that they had completed a US$108 million financing round, led by Koch Disruptive Technologies (KDT). With the previous financing of 188 million, the company’s total financing amount was close to 300 million US dollars. In August 2017, Yaotu Capital participated in the financing of Vayyar’s B round, and since then has contributed to the docking with the Chinese application market, the establishment of Chinese subsidiaries and the establishment of a Chinese team of marketing and service. In the new financing round, two new investors, Gly capital management and atriides Management LP, have been introduced. At the same time, several existing investors continued to invest, including KDT, battery companies, Bessemer companies, more VC, Regal four and claltech. This round of funding will be used for vayyar machine learning, deep learning and other technology research and development, to accelerate the commercialization and globalization of business in verticals such as smart home, smart building , public safety, medical treatment, robotics and retail. Vayyar is an Israeli high-tech company specializing in 4D millimeter wave RF imaging technology. It provides affordable imaging sensors for many fields, including automobiles and elderly care.