Vayyar Imaging Ltd., which claims to be a “global leader in 4D radar imaging technology,” raised $109 million in Series D financing led by Koch Disruptive Technologies, or KDT.
Koch said today that Vayyar plans to use the funding to “enhance its core technology, evolve its global footprint, and expand its offerings in key industries and geographies.”
Israel-based Vayyar was founded in 2010 and said its radar can generate 4D images (3D plus time), detect obstacles, and wirelessly monitor people’s vital signs. Its sensors can also be for industrial inspection, as well as in laboratory or manufacturing testing and measurement.
KDT led this new round with Regal Four and existing investors, including Battery Ventures, Bessemer Ventures, ICV, ITI, Walden Riverwood, and ClalTech.
“We are excited to partner with KDT and Robert and Adam Beren [from Regal Four] as we drive our business forward,” said Raviv Melamed, co-founder, chairman, and CEO of Vayyar. “KDT’s entrepreneurial culture and market leadership in multiple industries can help a startup like Vayyar to grow much faster than we did before, With this new funding round, we will continue to create the next generation of sensing technology that is miniature, affordable, and versatile enough to impact everyone’s lives.