Israeli radar technology developer Arbe raises $32m led by Catalyst CEL Fund

Sources: Visual from the Company Website

Arbe, an Israeli provider of radar sensing technology for autonomous vehicles, has secured $32 million in a Series B round of financing as the startup moves to mass-produce its radar chipset.

The Series B round was led by Catalyst CEL Fund, an Israel-China investment vehicle backed by Israeli multi-fund firm Catalyst and Hong Kong-based financial services firm China Everbright Limited, the Chinese company disclosed in a statement on its WeChat official account on Tuesday.

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