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Monrovia California based SiLC Technologies is raising $30,894,977.00 in New Equity Investment.

Monrovia California based SiLC Technologies is raising $30,894,977.00 in New Equity Investment.

April 19, 2021 Craig Etkin

Monrovia, CA – According to filings with the U.S. Securities and Exchange Commission, SiLC Technologies is raising $30,894,977.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mehdi Asghari played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About SiLC Technologies

SiLC offers a different vision of how the virtual and real world come together. Conventional imaging solutions are based on the use of an image sensor to convert photons to electrons directly to establish a 2D image. This immediate conversion process ignores a wealth of information the photons carry in their phase, wavelength and polarization. SiLC’s solution, called Smart Vision, integrates all required functionality, such as a coherent light source and optical signal processing, to enable significant additional information to be extracted from the returning photons before their conversion to electrons. Our vision sensor can therefore enable multiple additional dimensions such as depth and velocity. Furthermore, the coherent approach taken improves achievable accuracy by orders of magnitude over existing technologies.

To learn more about SiLC Technologies, visit http://www.silc.com/

Contact:
Mehdi Asghari, Chief Executive Officer
626-375-1231
mehdi@silc.com
https://www.linkedin.com/in/mehdi-asghari-5105911b/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved


Venture Capital
4480, California, Los Angeles-Long Beach, Monrovia, SiLC Technologies, Venture Capital

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