“AEye is a breakthrough automotive technology startup with a world-class management and technical team. Their AI-based perception solution, iDAR, is a superior technology, rendering the other LiDAR approaches obsolete and creating what we believe is a new standard for ADAS and autonomous solutions in the Japanese market and beyond.”—Anis Uzzaman, General Partner & CEO at Pegasus Tech Ventures
AEye, a world leader in artificial perception systems and the developer of iDAR™, today announced a strategic investment from Japanese components and systems manufacturer Aisin through their corporate venture capital fund managed by Pegasus Tech Ventures. Aisin is ranked the sixth largest Tier 1 OEM parts supplier globally, and a premier developer of information and communications technology and electronics for the automotive market. Aisin’s investment paves the way for collaboration and expansion as the companies scale to meet the demands of OEMs deploying ADAS and mobility solutions……………….