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LuminWave secures $20M in Series B led by Anxin Capital for Si photonics FMCW LiDAR. Series includes D-Series for ADAS and F-Series with solid-state scanning for high-accuracy 4D perception in autonomous driving.
Luminwave secures angel funding, led by CASSTAR with FreesFund participation, receiving tens of millions in yuan. The funds will primarily advance pure solid-state LiDAR chip and module development using silicon photonics.
Global LiDAR market to surge 60%, reaching $6.4 billion by 2024, with 70% driven by automotive applications. Yole predicts “liberated eyes” driving by 2035, citing exponential growth in autonomous cars, anticipating 3.1 million units by 2032.

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