Corephotonics Overview
CorephoCorephotonics specializes in developing dual-camera technologies for mobile devices. The company's primary mission is to perfect the mobile photography experience by combining optics, mechanics, and computational photography technologies to deliver superior image quality. They offer end-to-end multi-aperture solutions that support professional photography capabilities, including optical zoom, excellent low-light performance, Bokeh and depth features, and optical image stabilization, all within a slim form factor. Corephotonics collaborates with manufacturers during the early design stages, tailoring their solutions to meet each manufacturer's unique design and imaging requirements. They provide continuous support throughout the commercialization and mass production processtonics develops dual-camera technologies for mobile devices. The company's primary mission is to perfect the mobile camera photography experience and provide superior image quality by combining its optics, mechanics, and computational photography technologies. Corephotonics develops and delivers end-to-end multi-aperture solutions supporting professional photography capabilities, such as optical zoom, superb low-light performance, Bokeh and depth features, and optical image stabilization, all in a slim form factor. Corephotonics partners with manufacturers at early design stages, matching each manufacturer's unique design and imaging requirements and providing continuous support through commercialization and mass production.
Cumulative Funding Raised Over Time ($)
$18.0MFeb 2015
$28.2MJan 2013
$43.2MJan 2017
Latest News
growth-positive
מנכ"ל סמסונג סמיקונדקטורס העולמית בביקור בישראל
The CEO of Samsung Semiconductor Global, Kyeong Keun Hyun, visited Israel and met with the offices of Corephotonics, a company acquired by Samsung in 2019 for $150 million. The visit was brief and lasted less than a day. Samsung Electronics is a global company that manufactures a wide range of products, including televisions, refrigerators, memory chips, and mobile phones. The market value of Samsung is estimated at around $337.77 billion, making it one of the largest tech companies in the world.
Acquisition
growth-negative
Smartphone Camera Developer Corephotonics Sues Apple, Again
Tel Aviv-based smartphone camera company Corephotonics has filed a patent-infringement lawsuit against Apple, alleging that Apple has copied 10 of its patented smartphone camera technologies. This is not the first time Corephotonics has sued Apple for infringement. The lawsuit is ongoing. Corephotonics was recently acquired by Samsung in a deal valued at $155 million.
Acquisition
growth-positive
Samsung buys Israeli co Corephotonics for $155m
Samsung has agreed to acquire Israeli company Corephotonics for $155 million. Corephotonics has developed a camera with dual lens technology for smartphones. The company has raised a total of $50 million from various investors. Corephotonics works with all of the large smartphone companies and is planning to expand its activity to other markets such as vehicles, drones, and security systems. The Israeli company had previously filed a lawsuit against Apple for using its technology in the iPhone 7 Plus and iPhone 8 Plus. The fate of the lawsuit is unknown.
Acquisition
growth-positive
Samsung in advanced talks to buy Corephotonics for $150m
Korean tech-giant Samsung is in advanced negotiations to acquire Israeli company Corephotonics for $150-160 million. Corephotonics has developed a camera with dual lens technology for smartphones, which is designed to improve the quality of smartphone images. The main investors in Corephotonics are Samsung Ventures, Foxconn, MediaTek, Magma Venture Partners, Amiti Ventures, Horizon Ventures, OurCrowd, SanDisk, and CK Telecom.
Acquisition
growth-positive
Corephotonics to produce dual cameras through strategic partner Sunny Optical - EENewsEurope
Sunny Optical Technology has formed a partnership with Corephotonics to combine their manufacturing and innovation capabilities in optics and camera mechanics. The partnership will focus on developing dual camera products for smartphones, including wide + tele cameras and folded dual camera offerings. Sunny Optical aims to become a one-stop-shop dual camera vendor, providing customized designs and software features. The company has already shipped millions of dual camera solutions to smartphone OEMs such as Xiaomi and OPPO. The partnership is expected to contribute to the growth of Sunny Optical.
Partners
| Sector | Industrial Technologies |
Funding
| Total funding | $43.2M |
| Last funding | $15M |
| Stage | Acquired |
| Rounds | 3 |
| Investors | 13 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | corephotonics.com |
| Careers | Careers page |
Locations
Derech Menachem Begin 146, Tel Aviv-Jaffa, Israel
Photos & Videos
1 item(s)
Corephotonics Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Industrial TechnologiesMicroelectronics & Photonics SolutionsTarget Customer
Communication ServicesWireless & MobileMobile DevicesCore Technology
Semiconductors & ElectronicsTags (10)
consumer-electronicscamerastelecommunication-equipmentsemiconductorsiotimage-processingmobile-devicesconsumer-goodsoptronicselectronic-manufacturingGeographic Markets
GlobalCorephotonics Financials
$43.2M
Total funding
Undisclosed
Capital raised
$15M
Last funding
Acquired
Funding stage
3
Total rounds
13
Investors
Cumulative Funding Raised Over Time ($)
$18.0MFeb 2015
$28.2MJan 2013
$43.2MJan 2017
Private Equity Funding
C Round
Jan 2017
$15M
Magma Venture Partners, Amiti Ventures, MediaTek, Samsung Ventures, Foxconn Interconnect Technology
B Round
Feb 2015
$18M
Magma Venture Partners, OurCrowd, Horizons Ventures, BetaAngels Management, iVentures Asia, Qure Ventures, Amiti Ventures, Boltendahl International Partners, Heliant Ventures, CE Ventures
A Round
Jan 2013
$10.2M
Magma Venture Partners, Horizons Ventures, Boltendahl International Partners, BetaAngels Management
Public Offering / Exit
MNAEvent
Jan 2019
$155M
Corephotonics Lifecycle
Cumulative Funding Raised Over Time
$18.0MFeb 2015
$28.2MJan 2013
$43.2MJan 2017
All Events
C Round
Jan 2017
$15M
Magma Venture Partners, Amiti Ventures, MediaTek, Samsung Ventures, Foxconn Interconnect Technology
B Round
Feb 2015
$18M
Magma Venture Partners, OurCrowd, Horizons Ventures, BetaAngels Management, iVentures Asia, Qure Ventures, Amiti Ventures, Boltendahl International Partners, Heliant Ventures, CE Ventures
A Round
Jan 2013
$10.2M
Magma Venture Partners, Horizons Ventures, Boltendahl International Partners, BetaAngels Management
MNAEvent
Jan 2019
$155M
Corephotonics News
9 articles
growth-positive
מנכ"ל סמסונג סמיקונדקטורס העולמית בביקור בישראל
The CEO of Samsung Semiconductor Global, Kyeong Keun Hyun, visited Israel and met with the offices of Corephotonics, a company acquired by Samsung in 2019 for $150 million. The visit was brief and lasted less than a day. Samsung Electronics is a global company that manufactures a wide range of products, including televisions, refrigerators, memory chips, and mobile phones. The market value of Samsung is estimated at around $337.77 billion, making it one of the largest tech companies in the world.
Acquisition
growth-negative
Smartphone Camera Developer Corephotonics Sues Apple, Again
Tel Aviv-based smartphone camera company Corephotonics has filed a patent-infringement lawsuit against Apple, alleging that Apple has copied 10 of its patented smartphone camera technologies. This is not the first time Corephotonics has sued Apple for infringement. The lawsuit is ongoing. Corephotonics was recently acquired by Samsung in a deal valued at $155 million.
Acquisition
growth-positive
Samsung buys Israeli co Corephotonics for $155m
Samsung has agreed to acquire Israeli company Corephotonics for $155 million. Corephotonics has developed a camera with dual lens technology for smartphones. The company has raised a total of $50 million from various investors. Corephotonics works with all of the large smartphone companies and is planning to expand its activity to other markets such as vehicles, drones, and security systems. The Israeli company had previously filed a lawsuit against Apple for using its technology in the iPhone 7 Plus and iPhone 8 Plus. The fate of the lawsuit is unknown.
Acquisition
growth-positive
Samsung in advanced talks to buy Corephotonics for $150m
Korean tech-giant Samsung is in advanced negotiations to acquire Israeli company Corephotonics for $150-160 million. Corephotonics has developed a camera with dual lens technology for smartphones, which is designed to improve the quality of smartphone images. The main investors in Corephotonics are Samsung Ventures, Foxconn, MediaTek, Magma Venture Partners, Amiti Ventures, Horizon Ventures, OurCrowd, SanDisk, and CK Telecom.
Acquisition
growth-positive
Corephotonics to produce dual cameras through strategic partner Sunny Optical - EENewsEurope
Sunny Optical Technology has formed a partnership with Corephotonics to combine their manufacturing and innovation capabilities in optics and camera mechanics. The partnership will focus on developing dual camera products for smartphones, including wide + tele cameras and folded dual camera offerings. Sunny Optical aims to become a one-stop-shop dual camera vendor, providing customized designs and software features. The company has already shipped millions of dual camera solutions to smartphone OEMs such as Xiaomi and OPPO. The partnership is expected to contribute to the growth of Sunny Optical.
Partners
growth-positive
OmniVision and Corephotonics Announce Dual-Camera Zoom Reference Design for Smartphones
OmniVision Technologies has announced its collaboration with Corephotonics to produce a new dual-camera zoom reference design for mobile devices. The reference design combines OmniVisions image sensors with Corephotonics proprietary zoom and Bokeh algorithms, bringing optical zoom capabilities to smartphone camera applications. The collaboration aims to deliver a highly competitive dual-camera optical zoom solution for smartphone OEMs. Dual-camera configurations in smartphones require advanced technologies such as image registration and image fusion, which Corephotonics algorithms optimize for OmniVisions sensors. The reference design is now available for customer demonstrations. OmniVision Technologies is a leading developer of advanced digital imaging solutions, while Corephotonics is the leading licensor of dual-camera imaging technologies.
Partners
growth-positive
$15M equity round for phone camera startup Corephotonics
Israeli startup Corephotonics has raised $15 million in a follow-up round of equity financing. The company, which develops camera technology for smartphones, has attracted investment from Samsung Ventures, Foxconn, MediaTek, and an unspecified smartphone OEM. Corephotonics dual-camera technology allows for optical zoom and the bokeh effect, previously only available in professional cameras, to be incorporated into smartphones. The funding will be used to develop next-generation cameras for smartphones and expand into other markets such as automotive, drone, surveillance, and action cameras. Corephotonics plans to recruit engineers in Tel Aviv and support staff in China and South Korea, and is also considering acquiring complementary technologies.
InvestmentExpand
growth-positive
The future of smartphones is in dual cameras
Israeli startup Corephotonics is set to bring its dual-camera technology to new phones in the third quarter of this year. The technology promises optical zoom with no moving parts and better noise reduction. Corephotonics has three models ready for use in phones, including one with a 5x optical zoom. The company is working to bring its technology to other chipsets, such as Samsungs Exynos and Mediateks processors. The article suggests that this technology could be a game changer for the smartphone industry, as it offers a new feature that can differentiate phones in a market where specs are largely the same.
Customers
growth-positive
Corephotonics' dual-camera tech will change smartphone imaging
Israeli company Corephotonics has developed dual-camera technology that allows for optical zoom of up to 5 times without any moving parts. The technology combines images from two lenses into a single image using special algorithms. The dual-camera system is powered by Qualcomms Snapdragon 800 chipset. Corephotonics expects their technology to be available on Qualcomm Snapdragon 800 handsets as early as this year. The company denies any involvement with HTCs upcoming flagship. The technology is expected to result in slimmer phones with better image quality. The 13-megapixel sensor used in the technology is from Sony.
PartnersCustomers
Corephotonics Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 67 |
| Team members | 3 |
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Corephotonics Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514721976 |
| Crunchbase | corephotonics |
| Phone | +97236419888 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-06-19T00:00:00.000Z |
| Created | 2014-08-27T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Acquired by Samsung Electronics on Jan, 2019 |