Globes: Israeli startup Unispectral closed a $7.5M Series A funding round led by Jerusalem Venture Partners (JVP), Robert Bosch Venture Capital (RBVC), Samsung Catalyst Fund and The Tel Aviv University Technology Innovation Momentum Fund. This brings the money raised by the company to date to $8M.
The company is developing the next generation of digital cameras which will use hyper-spectral sensors for enhanced seeing and sensing capabilities.
The company says it aims to transform the four-decade standard of color sensing mechanisms in compact cameras. Its imaging technology is said to provide an unprecedented low light sensitivity and rich color, complemented by better resolution. Unispectral's hyper-spectral sensor will be applicable to a wide range of use cases such as wearables, digital health and medical imaging, Internet of Things, industrial and agriculture applications, and beyond. This breakthrough technology, backed by multiple patents, is said to be able to distinguish material properties in solids, liquids and gases.
The company's PCT patent application WO2014207742 "A SYSTEM AND METHOD FOR COLOR IMAGE ACQUISITION" by David MENDLOVIC and Ariel RAZ reveals its technology: