Robotics Startup Closes $27 Million
Ouster, a hardware and software developer for robotics and computer vision, raised $27 million in Series A financing, led by Cox Enterprises. Fontinalis Partners, Amiti Ventures, Constellation Technology Ventures, Tao Capital Partners, and Carthona Capital also participated.
The company’s first product is a 64-channel light detection and ranging (LIDAR) sensor called OS1 that uses light in the form of a pulsed laser to measure ranges (variable distances) to the earth. Priced at $12,000, Ouster’s OS1 features multiple time-syncing input and output options, on-the-fly programming of frame rate and resolution, fixed angle and fixed timing measurement modes, and multi-sensor crosstalk immunity.
Ouster’s Series A funding will be used for the manufacturing and development of its next sensor designs.