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Business

GM Ventures takes stake in radar specialist Oculii

Anthony JamesBy Anthony JamesSeptember 15, 20212 Mins Read
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Oculii has confirmed it has received a strategic investment from GM Ventures, the investment arm of General Motors, which is focused on investing in mobility-related startups developing advanced technology for use in future vehicle applications, manufacturing facilities and operating businesses. As part of the investment, GM will explore the use of Oculii’s Virtual Aperture Imaging (VAI) software in autonomous vehicles.

The radar tech specialist’s VAI software takes the market-proven reliability of radar and improves its resolution exponentially. The technology, which can be deployed on any radar hardware platform, enables high-performance, all-weather sensing that can be scaled to fit the needs of global automotive companies.

The company claims its software can enhance the resolution of any radar hardware platform by up to 100x, without increasing the physical number of antennas. Embedded in standard market-proven Radar DSP processors, Oculii’s Virtual Aperture Imaging software requires no additional power or compute.

“We’re thrilled to have the benefit of learning from their vast experience, while also helping them accelerate their role as one of the cutting-edge innovators in driver and driverless safety,” said Oculii’s co-founder and CEO, Steven Hong.

“General Motors is committed to investing in and implementing technologies that support the company’s broader vision of a world with zero crashes, zero emissions and zero congestion, and our collaboration with Oculii to advance radar technology supports this effort,” added Wade Sheffer, MD, GM Ventures.

Oculii has raised more than US$80m from leading investors and strategic partners, including Nvidia and Geely, and is headquartered in Dayton, Ohio, with offices in Silicon Valley and Beijing.

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