A Dayton-area tech firm that develops software to improve the resolution of radars in self-driving cars and autonomous vehicles has raised $55 million in new funding from more than a dozen investors.
Oculii’s Series B round was co-led by California-based Catapult Ventures and Conductive Ventures, with participation from investors R7 Partners, Mesh Ventures, Susquehanna Investment Group, VectoIQ, SV Tech Ventures, Taiwania Capital, Schox Ventures, ACVC Partners, HELLA Ventures, PHI-Zoyi Capital and Signature Bank.
It’s the largest funding round to date for the Beavercreek-based startup, bringing the company’s total financing to more than $75 million since 2015.
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Story excerpt provided by Dayton Business Journal.
Written by Jacob Fisher.
Originally published May 6, 2021.