Chinese LiDAR developer ABAX Sensing has completed a follow-on round of financing, led by Robert Bosch Venture Capital (RBVC). Other investors include China tech firm Orbbec and GSR Capital. RBVC’s managing director, Dr Ingo Ramesohl, said in a statement that this “underlines our excitement in the disruptive approach of ABAX for the next-generation LiDAR”. ABAX has Read More..
Japan’s Murata Group is to invest 5 billion yen into its Finnish division, Murata Electronics (formerly VTI Technologies). This business unit, which Murata acquired in 2012, is based in Vantaa, and specializes in research, design and production of silicon-based capacitive 3D MEMS (microelectronic-mechanic systems) sensors. These include accelerometers, gyroscopes and inclinometers, mostly for automotive, medical Read More..