Newsight Imaging

Company Overview

Snapshot

Founded in May 2016 by Eli Assoolin and Eyal Yatskan, Newsight Imaging operates with 11–50 employees. The company has raised $14.1 million across 7 funding rounds from 2 investors. In December 2023, Vision Sensing Acquisition scrapped its SPAC merger deal with Newsight Imaging.

Business overview

Newsight Imaging develops advanced CMOS image sensor chips designed for 3D machine vision and spectral analysis. The company's depth camera sensors cater to various verticals, including Mobile & Metaverse, Robotics, Industry 4.0, and Automotive Safety. Newsight Imaging recently introduced its eTOF™ LiDAR, a solid-state LiDAR reference design based on the NSI1000 sensor, operating within the Industrial Technologies sector.

Strategic signal

In December 2023, Vision Sensing Acquisition scrapped its SPAC merger deal with Newsight Imaging. This development signals a shift in Newsight Imaging's immediate public market strategy, indicating the company will likely pursue alternative funding or growth avenues, potentially through private capital raises, as reported by Techtime.

Company Intelligence Q&A

What is Newsight Imaging's core technology?

Newsight Imaging develops advanced CMOS image sensor chips for 3D machine vision and spectral analysis, including its innovative solid-state LiDAR reference design, the eTOF™ LiDAR, based on the NSI1000 sensor.

When was Newsight Imaging founded and by whom?

Newsight Imaging was founded in May 2016 by Eli Assoolin and Eyal Yatskan.

What was a significant recent corporate development for Newsight Imaging?

In December 2023, Vision Sensing Acquisition scrapped its SPAC merger deal with Newsight Imaging, leading the company to reportedly seek new capital raises.

Has Newsight Imaging received any notable industry recognition?

In September 2018, Newsight Imaging was named a Cool Vendor in Novel Sensors by Gartner.

What was the outcome of the SPAC merger agreement with Vision Sensing Acquisition?

The SPAC merger agreement between Newsight Imaging and Vision Sensing Acquisition was scrapped in December 2023.