PreAct Technologies logo — Precision Perfected

PreAct Technologies

Precision Perfected

Founded 2018 United States Portland, United States 21 employees Series B Total: $46.99M Industrial, Information Technology +2

General Information

Company Name PreAct Technologies
Founded Year 2018
Location United States Portland, United States
Employees 21
Industries Industrial, Information Technology, Autonomous and Sensor Tech +1
Funding Stage Series B
Social

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About PreAct Technologies

PreAct Technologies - Innovating Precision LiDAR Sensors

PreAct Technologies, with its slogan "Precision Perfected," has revolutionized the LiDAR sensor industry by delivering the world’s first software-definable flash LiDAR sensors. These sensors are affordable, compact, and designed to function across various industries including automotive, trucking, robotics, healthcare, agriculture, smart cities, and industrial applications.

The company's offerings are complete systems packaged as products addressing distinct markets, comprising a flash LiDAR, edge processing, and communications to an external platform. The software development kit (SDK) is a notable feature, supporting real-time data visualization, storage, and AI algorithm development with minimal training. Furthermore, PreAct's SDK controls the sensor directly and serves as a gateway to the company’s cloud service, enabling software-defined features and facilitating AI training and data mining.

Initially renowned for their work in the automotive industry, PreAct embarked on a mission-driven innovation to save lives lost in automotive crashes annually.

Founded in 2018, the company's roots trace back to more than 15 years of DARPA-funded research, propelled by a significant investment from Artis Corporation. Notably, the latest $6.00M Series B investment led by Luminate, I Squared Capital, State Farm Ventures, and Traylor Capital solidifies the company’s position for further growth. PreAct is headquartered in Portland, Oregon, USA.

With a strong foundation and a cutting-edge product suite, PreAct Technologies is poised to make a lasting impact in the LiDAR sensor market and beyond.

Taxonomy: LiDAR sensors, software-defined, edge processing, 3D camera, AI development platform, cloud service, high-speed optics, computing systems, Artis Corporation, active protection systems, computer vision, optics, parallel processing, Portland

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $6.00M 4
Luminate, I Squared Capital +2
25 Apr 2023
Series B $14.00M 4
Luminate, I Squared Capital +2
05 Jan 2023
Series A $13.00M 5
Elev8.VC, Gotham Green Partners +3
16 Nov 2021
Venture Round $11.39M -
31 Aug 2021
Seed Round $1.60M 3
Elev8.VC, Alpha Bridge Ventures +1
03 Dec 2020
Seed Round Undisclosed 1
Safe x Connected Cities Accelerator
07 Jan 2020
Seed Round Undisclosed 1
Social Impact Capital
27 Sep 2019
Seed Round $1.00M 1
Elev8.VC
29 Apr 2019
Pre Seed Round Undisclosed -
01 Dec 2018

PreAct Technologies Alternatives & Competitors

PreAct Technologies vs
AEye, Inc.
AEye, Inc. United States

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PreAct Technologies vs
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PreAct Technologies vs
Vueron
Vueron Korea South

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FAQ About PreAct Technologies

Precision Perfected
PreAct Technologies was founded in 2018.
PreAct Technologies is headquartered in Portland, United States.
PreAct Technologies operates in Industrial, Information Technology, Autonomous and Sensor Tech and Automotive. Its work centres on LiDAR sensors, software-defined, edge processing and 3D camera.
PreAct Technologies has approximately 21 employees.
PreAct Technologies has completed 9 funding rounds, raising a total of $46.99M. The latest funding stage is Series B.
Top alternatives and competitors to PreAct Technologies include AEye, Inc., Rhonda Software, Vueron, Elliptic Labs, Teraki. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PreAct Technologies and AEye, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for PreAct Technologies, https://bouncewatch.com/company/preact-technologies, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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