Newsight Imaging

Company Overview

Snapshot

Founded in May 2016 by Eli Assoolin and Eyal Yatskan, Newsight Imaging operates with 11–50 employees. The company has raised a total of $14.1 million across seven funding rounds, with investors including Infinity China and Midea Group. In August 2022, Newsight Imaging joined NVIDIA Inception, signaling a strategic alignment with a major player in AI and accelerated computing.

Business overview

Newsight Imaging develops advanced CMOS image sensor chips designed for 3D machine vision and spectral analysis applications. Its depth camera sensors are utilized across various verticals, including mobile and metaverse technologies, robotics, Industry 4.0, and automotive safety. The company's product portfolio includes the NSI1000 sensor, which underpins its eTOF™ LiDAR solid-state reference design, and the recently launched MT LiDAR 3.1 for accurate 3D mapping in robotics and industrial automation. Newsight Imaging operates within the Industrial Technologies sector, focusing on microelectronics and photonics solutions, and serves markets globally, including North America, Europe, and Asia.

Strategic signal

In December 2023, the planned SPAC merger between Vision Sensing Acquisition and Newsight Imaging was scrapped, leading Newsight Imaging to pursue a new capital raise. This development indicates a shift in the company's immediate financing strategy and market entry plans, suggesting a renewed focus on private funding rounds to support its continued development in CMOS image sensor technology.

Company Intelligence Q&A

What is Newsight Imaging's core technology?

Newsight Imaging specializes in developing advanced CMOS image sensor chips for 3D machine vision and spectral analysis, including its innovative eTOF™ LiDAR technology.

When was Newsight Imaging founded and by whom?

Newsight Imaging was founded in May 2016 by co-founders Eli Assoolin and Eyal Yatskan.

What was a significant recent product launch by Newsight Imaging?

In April 2023, Newsight Imaging launched MT LiDAR 3.1, a state-of-the-art reference design for accurate 3D mapping in robotics and industrial automation markets.

What was the outcome of the SPAC merger agreement?

In December 2023, Vision Sensing Acquisition announced the delisting and liquidation of its SPAC, effectively scrapping the planned merger with Newsight Imaging. This led Newsight Imaging to seek new capital.

What strategic partnership did Newsight Imaging form in August 2022?

In August 2022, Newsight Imaging joined NVIDIA Inception, a program designed to nurture cutting-edge startups revolutionizing industries with advancements in AI and data science.