Dutch eyeo secures €40M to commercialise NCOS colour-splitting sensors
▼ Summary
– Eyeo has raised €40 million in Series A funding, with Innovation Industries leading the round.
– The total funding for the company now stands at €55 million.
– The investment will fund in-house chip design and scale production of volume sensors.
– The sensors are built on Eyeo’s NCOS color-splitting technology.
– The Eindhoven-based company aims to commercialize its sensor technology.
Innovation Industries has taken the lead in eyeo’s Series A round, with imec.xpand, Invest-NL Deep Tech Fund, QBIC, HTGF, and BOM all returning as investors. The fresh capital brings the Eindhoven-based company’s total funding to €55 million. This latest injection will be used to advance in-house chip design and accelerate the path to volume production of sensors based on the company’s proprietary NCOS color-splitting technology.
By securing €40 million in Series A funding, eyeo is now positioned to push its innovative imaging sensors from the lab into commercial markets. The NCOS technology, which splits light into its constituent colors at the sensor level, promises significant improvements in image quality and efficiency compared to traditional filter-based approaches. The company aims to scale production and deliver these sensors for a range of applications, from consumer electronics to industrial and scientific imaging.
(Source: The Next Web)