Wednesday, February 5, 2025
3.4 C
London
HomeFinTechThruWave: Raises $6.4M in Seed Funding

ThruWave: Raises $6.4M in Seed Funding

Date:

Cashfree Payments Secures $53 Million in Funding

Investments Set to Accelerate Growth and Innovation in Payment...

Worldpay Expands Its Services with the Acquisition of Ravelin’s Fraud Prevention Platform

Enhancing Payment Security: How Worldpay's Latest Acquisition Aims to...

DNB Ventures Invests in Innovative Fintech Startup Receipts

Exploring the Future of Digital Finance with DNB's Strategic...
  • ThruWave, a Seattle, WA-based developer of 3D millimeter wave (mmWave) imaging for supply chain and logistics, closed $6.4m in seed funding
  • Then the round was led by E14 Fund and Ubiquity Ventures, and joined by Root Ventures, Blue Sky Capital, WRF Capital, and Tsingyuan Ventures
  • In-Q-Tel, Inc., a not-for-profit strategic investor for United States Government agencies, joined the round as an investor and customer
  • ThruWave has developed a high throughput X2 mmWave Imaging System that also provides supply chain visibility by enabling warehouse
  • Its sensors use human-safe millimeter waves to enable safe operation alongside human workers in busy warehouses and fulfillment centers
  • ThruWave’s analytics layer automatically interprets images to measure cube utilization, count items, and detect missing or damaged items

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories