German luxury auto
manufacturer Porsche has invested $2 million in Israeli startup TriEye,
which has developed visibility enhancement technology in harsh weather
conditions, the two companies said.
TriEye, founded in 2017 and
headquartered in the coastal city of Tel Aviv, has developed an
artificial intelligence (AI) sensor technology for short-wave infrared
It enhances safety in vehicles fitted with assistance
systems or autonomous driving functions by improving the ability to see
in weather conditions where visibility is poor, such as rain, fog, dust
or murky conditions, Xinhua news agency reported on Wednesday.
Israeli company's unique semi-conductor design uses patent-pending
technology that makes it possible to manufacture SWIR HD cameras at a
fraction of their current cost. These SWIR cameras are expected to reach
the market by 2020.
The Israeli solution is based on nearly a
decade of advanced nanophotonics research, performed by Uriel Levy,
TriEye's CTO and professor at the Hebrew University of Jerusalem.
is a promising technology company led by an exceptionally strong team
with experience in the areas of nanophotonics, deep learning and the
development of semi-conductor components," Michael Steiner, member of
the executive board for R&D at Porsche said.