OpsysTech Overview
OpsysTech delivers a solid-state scanning LiDAR based on integrated VCSEL arrays and SPAD detector arrays. The technology enables high-resolution, long-range, and ultra-fast-scanning LiDAR across the full field of view. Its ultra-fast scanning enables multi-pulse measurement per point while delivering 30 to 60 frames per second. The company's technology enables merging of multiple base sensors to a single LiDAR system, providing an integrated single-point cloud with a flexible field of view for different types of vehicles and applications. The patented multi-wavelength technology allows installation of multiple sensors with no interference while maximizing scan rate and eliminating any dead zones in the full field of view. The integration of all base sensors is performed by its LiDAR Control Unit, which provides a single 4D point cloud.
Cumulative Funding Raised Over Time ($)
$9.5MDec 2017
$61.0MJan 2023
$82.5MNov 2020
Latest News
growth-positive
LiDAR developer Opsys Tech closes $51.5 million Series C | CTech
Opsys Tech has announced the final closing of its Series C financing round, raising a total of $51.5 million. The funding will support the ramp of commercial automotive production quantities of Opsys Techs LiDAR sensor solutions. Opsys Tech has developed a high-performance solid-state scanning LiDAR sensor with no moving parts. The company has received positive customer feedback and believes it has developed the only LiDAR sensor on the market that can meet all customer requirements for a complete automotive LiDAR solution. Opsys Tech was founded in 2016 and is headquartered in Israel.
InvestmentExpand
growth-positive
Opsys Tech to supply LiDAR sensors to South Korean auto supplier SL Corp.
Opsys Tech has announced a deal to supply LiDAR systems to auto parts supplier SL Corp. The deal is expected to result in significant market share for Opsys Tech in the LiDAR systems market in 2024-2025. Opsys Techs LiDAR technology is recognized as superior and can enhance vehicle safety and enable autonomous driving. The companys LiDAR systems have no moving parts and offer high durability, low production cost, and superior range, resolution, and scanning rate. Opsys Tech plans to open a new office in China and manufacture units in Thailand. They also expect to announce additional supplier agreements to expand their market reach into Europe. SL Corp. is a global supplier to major automakers and will integrate Opsys Techs LiDAR systems into their production vehicles.
Partners
growth-positive
Are we nearing a shakeout in Lidar?
Israeli startup Opsys, which is developing lidar sensors for autonomous vehicles, is poised to become a contender in the lidar sector. Opsys is piggybacking on core technology used by Apple for its iPhones, which has the potential to bring down lidar costs and establish the technology roadmap for future vehicle generations. The companys lidar sensors use VCSEL-based technology, allowing for lower costs and better quality. Opsys is targeting a price of $200 per sensor, significantly lower than competitors. The company has received $9 million in funding from venture capitalists and Hyundai Group, and is already working with an unnamed Asian automaker for Level 2+ and Level 3 ADAS applications. The lidar market is expected to grow significantly, and Opsys aims to address not only the automotive market but also other markets and applications.
PartnersInvestment
N/A
Opsys tech debuts next generation pure solid-state, scanning microflash LiDAR - i-Micronews
The article discusses the semiconductor industry and its ongoing evolution, providing insights into the technologies and strategies of leading semiconductor companies.
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $82.5M |
| Last funding | $51.5M |
| Stage | C |
| Rounds | 4 |
| Investors | 5 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.opsys-tech.com |
| Careers | Careers page |
Locations
Harokmim Street 26, Holon, Israel
697 East Brokaw Road, San Jose, California, USA
Photos & Videos
4 item(s)
OpsysTech Business
Business models
B2G, B2B
Product stage
Released
Employees
51-200
Sector
Automotive & Mobility TechnologiesAutonomous & ConnectedTarget Customer
Industrial ManufacturingDiscrete IndustriesAutomotiveDefense, Safety & SecurityNational SecurityCore Technology
SensingOpticLIDARTags (17)
satcomdefenseoptical-communicationtemperature-controllidardata-centersautomotiveoptical-sensorelectro-opticstelecommunicationadassensorsoptronicssmart-mobilitycommunicationsautonomous-vehiclesmappingGeographic Markets
GlobalSouth KoreaChinaOpsysTech Financials
$82.5M
Total funding
Undisclosed
Capital raised
$51.5M
Last funding
C
Funding stage
4
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$9.5MDec 2017
$61.0MJan 2023
$82.5MNov 2020
Private Equity Funding
C Round
Jan 2023
$51.5M
83North, Osage University Partners (OUP), Translink Capital, Saban Ventures
B Round
Nov 2020
$21.5M
83North, Hyundai CRADLE
A Round
Dec 2017
$9.5M
Hyundai CRADLE, Translink Capital
Non-Equity Funding
GrantEvent
Jul 2017
Undisclosed
BIRD Foundation
OpsysTech Lifecycle
Cumulative Funding Raised Over Time
$9.5MDec 2017
$61.0MJan 2023
$82.5MNov 2020
All Events
C Round
Jan 2023
$51.5M
83North, Osage University Partners (OUP), Translink Capital, Saban Ventures
B Round
Nov 2020
$21.5M
83North, Hyundai CRADLE
A Round
Dec 2017
$9.5M
Hyundai CRADLE, Translink Capital
GrantEvent
Jul 2017
Undisclosed
BIRD Foundation
OpsysTech News
4 articles
growth-positive
LiDAR developer Opsys Tech closes $51.5 million Series C | CTech
Opsys Tech has announced the final closing of its Series C financing round, raising a total of $51.5 million. The funding will support the ramp of commercial automotive production quantities of Opsys Techs LiDAR sensor solutions. Opsys Tech has developed a high-performance solid-state scanning LiDAR sensor with no moving parts. The company has received positive customer feedback and believes it has developed the only LiDAR sensor on the market that can meet all customer requirements for a complete automotive LiDAR solution. Opsys Tech was founded in 2016 and is headquartered in Israel.
InvestmentExpand
growth-positive
Opsys Tech to supply LiDAR sensors to South Korean auto supplier SL Corp.
Opsys Tech has announced a deal to supply LiDAR systems to auto parts supplier SL Corp. The deal is expected to result in significant market share for Opsys Tech in the LiDAR systems market in 2024-2025. Opsys Techs LiDAR technology is recognized as superior and can enhance vehicle safety and enable autonomous driving. The companys LiDAR systems have no moving parts and offer high durability, low production cost, and superior range, resolution, and scanning rate. Opsys Tech plans to open a new office in China and manufacture units in Thailand. They also expect to announce additional supplier agreements to expand their market reach into Europe. SL Corp. is a global supplier to major automakers and will integrate Opsys Techs LiDAR systems into their production vehicles.
Partners
growth-positive
Are we nearing a shakeout in Lidar?
Israeli startup Opsys, which is developing lidar sensors for autonomous vehicles, is poised to become a contender in the lidar sector. Opsys is piggybacking on core technology used by Apple for its iPhones, which has the potential to bring down lidar costs and establish the technology roadmap for future vehicle generations. The companys lidar sensors use VCSEL-based technology, allowing for lower costs and better quality. Opsys is targeting a price of $200 per sensor, significantly lower than competitors. The company has received $9 million in funding from venture capitalists and Hyundai Group, and is already working with an unnamed Asian automaker for Level 2+ and Level 3 ADAS applications. The lidar market is expected to grow significantly, and Opsys aims to address not only the automotive market but also other markets and applications.
PartnersInvestment
N/A
Opsys tech debuts next generation pure solid-state, scanning microflash LiDAR - i-Micronews
The article discusses the semiconductor industry and its ongoing evolution, providing insights into the technologies and strategies of leading semiconductor companies.
OpsysTech Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 97 |
| Team members | 3 |
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OpsysTech Internal
Recent Updates
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Admin Info
| Confidence | 99/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515386001 |
| Crunchbase | opsys-tech |
| Phone | +972733997850 |
| Creator | Shmuel (Sam) Rausnitz |
| Creator email | shmuel.rausnitz@sncentral.org |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-04-24T00:00:00.000Z |
| Created | 2017-06-14T00:00:00.000Z |
| Claimed | Yes |