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Blackmore raises $18 million

By TechTaffy Desk

Blackmore, a developer of frequency-modulated continuous wave (FMCW) lidar for the automotive industry, has raised $18 million in a Series B funding.

The investment was led by BMW i Ventures. Additional investment comes from Toyota AI Ventures, Millennium Technology Value Partners and Next Frontier Capital.

[Image courtesy: Blackmore]

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