Vayyar Imaging secures US$108m in Series E funding

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Vayyar Imaging, a developer of 4D imaging radar, has finalized a US$108m Series E financing round, led by Koch Disruptive Technologies (KDT), bringing the company’s total funding to date to over US$300m.

The new round includes first-time Vayyar backers GLy Capital Management and Atreides Management LP, alongside existing investors including KDT, Battery Ventures, Bessemer Ventures, More VC, Regal Four, and Claltech. To support investor outreach in China, Vayyar engaged China International Capital Corporation Limited (CICC) as its lead financial adviser.

In the automotive space, Vayyar manufactures 4D imaging radar-based platforms for in-cabin, ADAS and motorcycle (ARAS) applications. The company’s ARAS platform is in mass production for deployment on Piaggio Group’s motorbikes. Vayyar has also secured supply contracts with auto makers from Japan and Vietnam and is in advanced engagements with almost every other OEM and supplier for both in-cabin and ADAS.

After opening new offices in five additional territories, including Japan and China, Vayyar will continue to expand its activities across numerous verticals and introduce a family of machine learning-enabled imaging solutions.

“We are pleased and proud to progress our partnership with existing investors including KDT, as well as additional backers which are joining forces with us for the first time,” said Raviv Melamed, co-founder and CEO of Vayyar Imaging. “During a challenging period for the global economy, this new funding round is a ringing endorsement of our mission and a clear vote of confidence in the strength of our technology and the strategic agility of our organization.”

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Lawrence has been covering engineering subjects – with a focus on motorsport technology – since 2007 and has edited and contributed to a variety of international titles. Currently, he oversees Automotive Powertrain Technology and Professional Motorsport World magazines as editor.

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