Metawave Recieves $7 Million in Initial Seed Funding to Accelerate Development of Automotive Radar

Metawave Corporation has completed its initial seed round of $7 Million from investors including Khosla Ventures, Motus Ventures, and Thyra Global Management. The company which independently spun out of PARC earlier this year, will now be lead by CEO, Dr. Maha Achour and CTO, Dr. Bernard Casse who are proven leaders in the fields of wireless and metamaterials technologies.

Metawave builds wireless technology platforms using engineered metamaterials and Artificial Intelligence (AI) to change existing wireless systems and communication infrastructures. The company will initially focus on providing smart radar platforms for autonomous vehicles, including general Advanced Driver Assistance Systems (ADAS), and will soon enable smart antenna platforms for 4G / 5G wireless communications.

Motus Ventures, focused on transportation, smart infrastructure, and IoT, has been with Metawave since the beginning, helping guide on strategic business decisions as well as funding. According to the firm’s managing director, Jim Disanto, the automotive industry is undergoing a big disruption, and innovative providers are in a position to make a big difference in that market alone. The radar and antenna technology being developed at Metawave is game changing in the auto industry and potentially many others.

According to Metawave CTO Bernard Casse, the auto industry has gone through cycles to find the best camera and the best LIDAR, and now it’s the radar era - time to find the best and smartest radar platform. Metawave’s WARLORD (W-band Advanced Radar for Long-range Object Recognition and Detection) radar, powered by the WRATH (Warlord AI Thinking like Humans), is automotive radar built with unique 3D vision capability, unprecedented speed and intelligence, and it is poised to take the automotive radar market by storm.