AEye raises $16 mln

AEye Inc said June 13 that it raised $16 million in a Series A round from Kleiner Perkins Caufield & Byers, Airbus Ventures, Intel Capital, Tyche Partners and others. AEye, of Pleasanton, California, is developing advanced vision hardware, software and algorithms that aim to act as the eyes and visual cortex of autonomous vehicles.

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