Silicon Valley start-up Aeva has raised $45m in a funding round led by Lux Capital and Canaan, investment which will allow the company to continue development of its next-generation sensing systems for autonomous vehicles. Cofounders Soroush Salehian and Mina Rezk, formerly of Apple's Special Projects Group, have developed lidar sensors that can quickly and accurately measure the speed of an object. The startup is also working on software tools that would enable cars to detect objects such as pedestrians or cyclists ahead of time.
Silicon Valley start-up Aeva has raised $45m in a funding round led by Lux Capital and Canaan, investment which will allow the company to continue development of its next-generation sensing systems for autonomous vehicles. Cofounders Soroush Salehian and Mina Rezk, formerly of Apple's Special Projects Group, have developed lidar sensors that can quickly and accurately measure the speed of an object. The duo said their sensor also performs better in bad weather and costs a few hundred dollars, on a par with rival products.