Vueron Technology, an autonomous driving 3D LiDAR software startup, announced on the 3rd that it has secured investments from BonAngels Venture Partners and Naver D2SF.
Founded by engineers from KAIST, Vueron Technology is a tech startup developing a LiDAR perception solution that stands out from existing technologies.
LiDAR, a sensor that detects 3D spatial information, is a key component of autonomous driving systems. Automakers such as Volvo and BMW are already planning to launch vehicles equipped with LiDAR in the near future.
Vueron Technology‘s LiDAR perception solution excels at quickly identifying objects, even in embedded environments, and offers high performance in object detection. The system also boasts excellent stability and compatibility, delivering an optimized perception solution tailored to various needs.
Kim Jae-kwang, CEO of Vueron Technology, stated, “LiDAR is essential for enhancing the performance of current ADAS (Advanced Driver Assistance Systems) and achieving full autonomous driving. From the start, Vueron Technology has been developing LiDAR perception solutions that meet the automotive industry’s stringent requirements, positioning us as a leading technology company in this market.”
Jongil Yoon, a partner at BonAngels who led the investment, commented, “As LiDAR technology rapidly advances with miniaturization and cost reductions, it is emerging as a critical sensor for autonomous driving. This also increases the importance of perception software. We were particularly impressed by the technical expertise of the founding team, who have extensive experience in this field.”
Source : Aju Korea Daily (https://www.ajunews.com/view/20200603150408901)
