Granatus Ventures announced about investment in Waveye!

Waveye, a US-based startup with teams in the US, Germany, and soon Armenia, develops a new generation of AI-powered imaging radars for automotive, industrial and robotics applications.

Waveye is developing lightweight, high-resolution imaging radars that target automotive, robotics and industrial applications. Waveye’s imaging radars use a novel operating principle to obtain ultra-high resolution radar imaging, coupled with deeply-integrated radar AI algorithms.

The company is founded by Levon Budagyan (founded and exited from Aarki), Gor Hakobyan (over 100 patent filings and extensive experience at Bosch and BMW) and Narek Rostomyan.

The investment from Granatus Ventures will help the company to accelerate the development of its radar prototype and software offering and prepare it for more in-depth validations in the future.

https://t.me/threenstartups

#investment #successstory #granatusventures #waveye

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