Lirhot Systems LTD
Develops the next generation of visual perception systems for robots.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
$2.0m | Seed | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Lirhot Systems LTD is an electronic equipment and instruments company developing visual perception systems for robotics and autonomous vehicles. Founded in April 2014 by Shlomi Voro, an applied physicist with extensive experience in quantum physics, the company is headquartered in Rehovot, Israel. Voro serves as the Founder and Chief Scientist. The company's journey began as a spin-off from Vorotec, a design and prototype development firm, officially establishing in 2017.
Operating in the automotive and mobility technologies sector, Lirhot Systems targets its solutions at developers of robots and autonomous vehicles. The core of its business is a proprietary visual perception system inspired by the navigation techniques of insects, particularly bees. This approach offers an alternative to the commonly used LiDAR and camera/radar systems. The system utilizes a single camera to create 3D models of the surroundings, enabling navigation and object identification even in challenging environments. It is based on true optical flow and advanced image-processing methods. A key product is a 5D artificial intelligence-based vision imager designed to provide the precise location of any robotic application in motion.
Lirhot Systems aims to provide a hardware solution that simplifies autonomous navigation, described by the CEO as taking an "insect's head and putting it on one piece of hardware". A primary benefit of this technology is its potential for cyber navigation that is resilient to GPS spoofing. As of July 2019, the company had secured $2 million in a seed funding round from Rafael Development Corporation, the investment arm of Rafael Advanced Defense Systems. The company was actively conducting a proof-of-concept with a large customer at that time and was seeking further partnerships.
Keywords: visual perception systems, robotics vision, autonomous vehicle navigation, insect-inspired navigation, optical flow sensors, 3D modeling, automotive technology, single-camera 3D reconstruction, cyber navigation, GPS-denied navigation, Shlomi Voro, Rafael Development Corporation, computer vision, sensor technology, machine vision, autonomous systems, AI vision imager, robotic perception, drone navigation, unmanned systems