Companies · Hardware / Semiconductors

LightWare LiDAR

Africa · Hardware / Semiconductors · founded 2012

Diligence memoA one-page analyst read on LightWare LiDAR — recommendation, valuation, rhythm, risks.
$1.5M
Total raised · real
1
Rounds
Latest step-up
Top 38%
Sector rank · raised
Growth/Late
Latest stage · inferred · Thu Aug 20 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

LightWare LiDAR has raised $1.5M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the hardware/semi sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 5.9 yr ago; this sector typically re-raises about every 16 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

1 Investor
Where it sits in Hardware / Semiconductors

LightWare LiDAR is one of 130 Hardware / Semiconductors companies tracked from Africa, on record since 2012. By capital raised it ranks mid-pack (ahead of 63% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

SA sensor startup LightWare LiDAR raises $1.5m funding round 0 By Tom Jackson on August 20, 2020 News , Southern Africa South African company LightWare LiDAR, which supplies microLiDAR sensor technology to leading global companies, has raised a ZAR25 million (US$1.5 million) funding round to accelerate its growth. Founded in 2012, LightWare “gives eyes to machines”, designing and manufacturing the world’s smallest and lightest precision LiDAR systems for use in drones, robots, autonomous vehicles, smart cities and other applications.

SA sensor startup LightWare LiDAR raises $1.5m funding round 0 By Tom Jackson on August 20, 2020 News , Southern Africa South African company LightWare LiDAR, which supplies microLiDAR sensor technology to leading global companies, has raised a ZAR25 million (US$1.5 million) funding round to accelerate its growth. Founded in 2012, LightWare “gives eyes to machines”, designing and manufacturing the world’s smallest and lightest precision LiDAR systems for use in drones, robots, autonomous vehicles, smart cities and other applications.

hardware/semi

As reported in public records reported — not modeled.

ZA
Jurisdiction
1
Investors (latest)
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MGrowth/Late · 2020-08-20 Raised $1.5M (real) Modeled valuation $28M (est)$1.5M$28MGrowth/Late2020

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Growth/Late$1.5M · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 14%.

Modeled valuation trajectory
$28.0M
Base estimate est.
$11.1M
Conservative case
$49.8M
Upside case
$15.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the hardware/semi sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
86%
Survival probability
74% low · 92% high
1.14×/yr
Annual markup
1.24×/yr upside case
5.9 yr
Elapsed time used
5.9 yr actual, capped for stale marks
hardware/semi
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
5.9 yr
On record since
2020
First round
1
Rounds on file
How it compares to the market

Benchmarked against 130 companies in Hardware / Semiconductors. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.2× of median
This company$1.5M
Sector median$8.3M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.0× of median
This company$1.5M
Sector median$591.5M
Modeled value — vs sector median (estimate, all stages) 1.1× above median
This company$28.0M
Sector median$26.4M

Raised more than 63% of sector peers (real $). Modeled value above 75% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Growth/Late$1.5M2020-08-20$15.0M$28.0M45%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Growth/Late$1.5M2020-08-20
    • First recorded raise — entered as Growth/Late.
    • 1 investor on this round.
Intelligence
Modeled next raise
$2.4M
Modeled next size est.range $1.6M$3.8M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

LightWare LiDAR is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
ZA
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
GricdHardware / SemiconductorsSeed$1.5M$9.7Msame sector
WattnowHardware / SemiconductorsSeries A$1.3M$12.2Msame sector
Monitor APP IOT Holdings Inc.Hardware / SemiconductorsSeed$1.8M$7.0Msame sector
Inspirit IoT, Inc.Hardware / SemiconductorsSeed$1.3M$20.9Msame sector
Linear Dimensions Semiconductor Inc.Hardware / SemiconductorsSeed$1.2M$24.4Msame sector
Bottomless, Inc.Hardware / SemiconductorsSeed$1.9M$38.7Msame sector
Buffalo Chip Global Inc.Hardware / SemiconductorsSeed$2.0M$5.2Msame sector
Cerebrum Sensor Technologies Inc.Hardware / SemiconductorsSeed$2.0M$10.5Msame sector
Investors

Public records name issuer insiders, not the funds in a round — these investor links come from corroborating sources.

FirmRoundConfidence
Sanari CapitalGrowth/Late55%
Frequently asked
How much funding has LightWare LiDAR raised?
LightWare LiDAR has raised approximately $1.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is LightWare LiDAR's estimated valuation?
Provath's modeled valuation for LightWare LiDAR is approximately $28.0M (modeled range $11.1M–$49.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is LightWare LiDAR at?
LightWare LiDAR's latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Thu Aug 20.
What does LightWare LiDAR do and where is it based?
LightWare LiDAR operates in the Hardware / Semiconductors sector, based in Africa. SA sensor startup LightWare LiDAR raises $1.5m funding round 0 By Tom Jackson on August 20, 2020 News , Southern Africa South African company LightWare LiDAR, which supplies microLiDAR sensor technology to leading global companies, has raised a ZAR25 million (US$1.5 million) funding round to accelerate its growth. Founded in 2012, LightWare “gives eyes to machines”, designing and manufacturing the world’s smallest and lightest precision LiDAR systems for use in drones, robots, autonomous vehicles, smart cities and other applications.
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