Stuttgart, Germany – Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has completed an investment in AIRY3D. The Canadian start-up company is based in Montreal. It is a leader in single sensor 3D imaging, which will help enhance the capabilities of multiple billion dollar markets from the automotive industry to both consumer and industrial applications of AR/VR. This investment adds another company to the portfolio of Robert Bosch Venture Capital in the field of machine vision sensors. “Airy3D’s novel technology is unrivalled by any other player in the 3D sensor space,” says Jeff Yu, Investment Principal at RBVC. “We believe in the capabilities of this technology to disrupt various billion dollar markets. We are pleased to have Airy3D as a strategic extension of our portfolio due to its immense potential in many different markets, such as Augmented and Virtual Reality, automotive, drones, and robotics.”
Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and future relevance for Bosch, above all, automation and electrification, energy efficiency, enabling technologies, and healthcare systems. RBVC also invests in services and business models that are relevant to the above-mentioned areas of business. Furthermore, RBVC enables co-innovation between Bosch and startup through the Open Bosch Program.
Additional information is available at www.rbvc.com
About AIRY3D
Founded in 2015 and based in Montreal, Canada, AIRY3D has developed the world’s first passive single sensor solution for 3D computer vision based on off-the-shelf components that are transformed by technology first invented at Cornell University. Airy3D is a spinout of TandemLaunch, a Montreal-based incubator.
For additional information
Please contact info@airy3d.com
The Bosch Group is a leading global supplier of technology and services. It employs roughly 402,600 associates worldwide (as of December 31, 2021). The company generated sales of 78.7 billion euros in 2021. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 128 locations across the globe, Bosch employs some 76,100 associates in research and development, of which more than 38,000 are software engineers.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPress.
