Ouster, a San Francisco, CA-based provider of high-resolution digital lidar sensors for autonomous transportation, robotics, industrial automation, and smart infrastructure, raised $42m in Series B funding.
The backers were not disclosed.
The company intends to use the funds for product development and fuel of worldwide sales.
Led by Angus Pacala, CEO, and Mark Frichtl, CTO, Ouster builds high-resolution lidar sensors for the transportation, robotics, industrial automation, and smart infrastructure industries. Using its digital lidar architecture, Ouster’s sensors are reliable, compact and affordable, while delivering camera-like image quality. Since its founding in 2015, Ouster has secured over $140m in funding and now counts over 800 customers across 15 markets, including Konecranes, Postmates, Ike, May Mobility, Kodiak Robotics, Coast Autonomous, the U.S. Army, NASA, Stanford University, and MIT University, as well as Chinese automation leaders idriverplus, WhaleAI, Hongjing Drive, and Qcraft.
The company’s January launch of its second generation of lidar sensors introduced three new 128-beam models, each of which addresses key customer use cases:
- The OS0 ultra-wide view lidar sensor for navigating urban environments and warehouses.
- The OS1 mid-range lidar sensor, with a 120 meter range and a 45 degree field of view.
- The OS2 long-range lidar sensor, with a 200+ meter range for high-speed vehicle automation.
In response to global demand, Ouster has opened offices in Paris, Hamburg, Frankfurt, Hong Kong, and Suzhou to expand global sales and customer service capabilities. The company has also expanded overseas production of its sensors with Benchmark, a TS16949 certified contract manufacturer.
FinSMEs
08/09/2020