Prophesee announced it has closed a $28 million round of venture capital as it seeks to accelerate the rollout of its machine vision sensors.
The Paris-based company’s technology is designed to mimic functions of the human eye, a dynamic it refers to as “neuromorphic.” The tech was initially targeted at Industry 4.0 applications like predictive maintenance, but Prophesee plans to push beyond that market to begin targeting automotive, VR/AR, internet of things (IoT), and other sectors.
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