3D sensor Developer Mantis Vision Raised $55 Million
18 July, 2018
Founded and headquartered in Israel, Mantis Vision invented a 3D content capture technology based on its proprietary coded structured-light technology
Mantis Vision from Petach Tikva, Israel, announced the closing of its Series D round of $55 million with a total investment of $83 million to date. The round investment was led by Luenmei Quantum and Samsung Catalyst Fund. Mantis Vision and Luenmei Quantum also announced the formation of a new joint venture, “MantisVision Technologies”, headquartered in Shanghai with offices in Beijing and Shenzhen, to drive its presence in the Greater China Market.
Founded and headquartered in Israel, Mantis Vision invented a 3D content capture technology based on its proprietary coded structured-light technology. The basic principle of Structured light is well known: By projecting a known pattern of light (grids or bars or othe structured) on to a surface. The vision system analyse the deformations in the structure, the deformed return structure of light gives scene. The way that these patterns are deformed when they striking surfaces, allows a vision system to calculate the depths and properties of the scanned object.
The company’s technology is compact enough to be integrated into smartphone, and sensitive enough to be used in Industrial Inspection Systems and Professional Studuos. In fact, last month Mantis Vision and smartphone maker Xiaomi’s latest partnership to implement Mantis Vision’s 3D camera technology in recently announced Xiaomi’s new premium flagship smartphone, the Mi8. This will be the first Android smartphone in the World with real 3D camera.
Mantis Vision is planning to double its global workforce with an additional 140 employees in Israel, U.S., China and Slovak Republic by the end of 2020. As part of the latest series funding, Mantis Vision will expand its pool of talent engineers for advanced R&D algorithmic research in computer vision and deep learning, advanced optics experts, mobile camera engineers, 3D apps developers and 3D Volumetric studio experts amongst other open positions in program management and business development.
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