Diligence memo · auto-generated · as of July 2, 2026
LightWare LiDAR
LightWare LiDAR has raised $1.5M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
LightWare LiDAR operates in Hardware / Semiconductors, 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.
Sub-sector tags: hardware/semi.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
LightWare LiDAR has raised $1.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $1.5M on 2020-08-20.
Most recent recorded round closed around 2020-08-20.
Valuation (modeled)modeled
Provath models LightWare LiDAR at approximately $28M (range $11M–$50M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
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.
Comparablesmixed
Capital scale ranks ahead of 63% of Hardware / Semiconductors peers (130 compared).
Modeled value ranks above 75% of those peers.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.