Blickfeld, a Munich-based startup developing a low-cost light detection and ranging (LiDAR) system to let autonomous vehicles “see,” has raised $4.25 million in seed funding. The round was led by Fluxunit (the corporate venture arm of lighting company Osram), High-Tech Gründerfonds, Tengelmann Ventures, and Unternehmertum Venture Capital Partners, and will be used to speed up …
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