As lidar technology becomes the industry standard in powering autonomous vehicles, a startup called Altos Radar is stepping up to challenge the light-based remote sensing technology with 4D millimeter wave radar.
Based in California and founded in January, Altos Radar recently raised its first round of funding of $3.5 million from ZhenFund, Monad Ventures, and Yifan Li.
Li Niu, co-founder and CEO of Altos Radar, is convinced that millimeter wave radar is advancing at a pace that makes it a strong substitute for lidar in advanced driver assistance systems (ADAS) or even autonomous driving.
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