LG Bets Big on 4D LiDAR: Partners with Aeva to Power Future of Autonomous Tech

LG Innotek has teamed up with Aeva Technologies to manufacture its cutting-edge 4D LiDAR sensors—starting with cars and eventually moving into gadgets, robots, and automation. As part of the deal, LG is investing $50 million for a 6% stake in the U.S. startup. Aeva’s LiDAR-on-a-chip tech doesn’t just measure distance—it also captures velocity for each pixel in real time, making it way smarter than traditional sensors. With customers like top carmakers, Nikon, and airports like JFK onboard, Aeva’s on a mission to shrink everything down to a single chip—and this LG deal might just accelerate that vision.

Read more: TechCrunch

Enlite Raises ₹46 Cr to Take Smart Building Tech Global

Mumbai-based startup Enlite has raised ₹46 crore in Series A funding led by Avaana Capital to take its AI-powered building automation systems global. Founded in 2017, Enlite makes plug-and-play solutions combining hardware, cloud, and edge AI—no rewiring needed. After bootstrapping for 7 years, the company now plans to expand into the Middle East and Southeast Asia while growing its presence across Indian sectors like hospitality, pharma, and real estate. Already deployed across 25 million sq. ft., Enlite’s tech aims to replace outdated, fragmented systems with smart, efficient automation. The team is also piloting an LLM directly on its hardware.

Credit: YourStory

Semiconductor Startup Netrasemi Raises ₹107 Cr to Power India’s Edge AI Chip Revolution

Kerala-based semiconductor startup Netrasemi has secured ₹107 crore in Series A funding led by Zoho and Unicorn India Ventures. The funds will help ramp up R&D and manufacturing and launch four AI-powered SoC chips built for edge devices like CCTV cameras, robotics, and smart infrastructure. Netrasemi, started in 2020, targets energy-efficient chips that run AI directly on devices—no cloud needed. Zoho is backing the vision with a rural R&D center in Kerala. With plans to double its team and enter edge server markets, Netrasemi is emerging as a key player in India’s deep-tech and semiconductor growth story.

Credit: YourStory

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