Berlin-based startup Xavveo raises €8M in seed funding round led by Vsquared Ventures and imec.xpand.
The funds will be used to develop Xavveo's distributed Photonic Radar system, expand the engineering team, and support partnerships with automakers and technology integrators.
Xavveo aims to revolutionize the autonomous vehicle industry with its proprietary distributed photonic radar system, enhancing safety and reliability.
The company's breakthrough technology addresses limitations of current autonomous vehicle sensors and aims to make autonomous driving more reliable and safe.