Sense Photonics will use the proceeds from the round, which includes Samsung Ventures and Shell Ventures, to bring its lidar system to market.

US-based lidar technology developer Sense Photonics completed a $26m series A round yesterday featuring Samsung Ventures and Shell Ventures, subsidiaries of electronics producer Samsung and petroleum supplier Shell. The round was co-led by venture capital firms Acadia Woods and Congruent Ventures, the latter backed by University of California, and included fellow VC firms Prelude Ventures…

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