Blickfeld secures 7.5 million euros for growth and innovation

LiDAR pioneer Blickfeld closes successful financing round to drive market penetration of its smart products and develop new supply chain and security applications.

Munich - Blickfeld, a company specializing in LiDAR (Light Detection and Ranging) technology, has successfully closed a financing round, raising 7.5 million euros. The funding will support the distribution of its intelligent LiDAR products and drive the development of supply chain and security applications that could improve various industries through real-time 3D information.

We are confident that our LiDAR technology will soon become an indispensable standard in numerous industries and applications.

Mathias Müller, founder and CEO of Blickfeld

Led by private equity firm New Future Capital (NFC) and UVC Partners, existing investors such as Bayern Kapital, Continental, Fluxunit - ams OSRAM Ventures, High-Tech Gründerfonds and Tengelmann Ventures also participated. The investment in Blickfeld demonstrates the confidence of the investors in the long-term prospects of the company and its technological development.

Blickfeld's new and highly value-adding technology has the potential to quickly conquer numerous markets. We are therefore pleased to continue to support the company on its journey together with the other investors.

Tiffany Luo, CEO at New Future Capital

This financing is based on Blickfeld's growth to date and the achievement of defined revenue milestones. The company plans to maintain this trajectory and increase revenue in the coming years while consolidating its position in Europe, North America and China.

Blickfeld's LiDAR sensors capture real-time 3D data that is analyzed by the company's proprietary "Percept" software. The latest model, the Qb2 LiDAR sensor, is specifically designed for industrial use and has integrated analysis software, making it unique in the market. The applications of its LiDAR technology extend to diverse areas such as volume measurements, privacy-compliant people monitoring, improving security systems and integrating autonomous functions into smart mobility solutions. Industries such as mining, agriculture, tourism, airports and power plants are among the beneficiaries of this technology.

Blickfeld can address a wide range of applications with a fully industrialized, powerful and cost-effective full-stack solution that includes hardware and software in a device barely larger than the palm of your hand.

Andreas Unseld, General Partner at UVC Partners

The company is experiencing particular growth in areas such as volume detection of bulk materials and safety-related applications for operators of critical infrastructure such as airports and power plants. Blickfeld was founded in Munich in 2017 and currently employs over 160 people. Blickfeld has established an international presence with subsidiaries in the USA and China.