WaveSense raises $15M for Ground Positioning Radar
WaveSense, later renamed GPR, raised $15 million to accelerate its ground-positioning radar system for ADAS and autonomous vehicles.
Evidence notes
- Rhapsody Venture Partners and Impossible Ventures led the round.
- WaveSense reported centimeter-level localization in snow, parking garages, unpaved roads and areas with poor lane markings.
- The financing supported commercial development of ground-positioning radar for ADAS and autonomous vehicles.
Company context
GPR develops ground-positioning radar for automated driving and autonomous navigation. Its technology maps subsurface signatures to localize vehicles where GPS, lane markings, weather or line-of-sight sensing degrade conventional autonomy stacks.