BMW and Baidu are among the investors in sensor technology developer Lunewave's seed round, which will go towards building autonomous vehicle sensors based on the Luneburg principle.

Lunewave, a US-based car sensor and antenna developer co-founded by a University of Arizona professor, has secured $5m in seed funding from backers including subsidiaries of internet company Baidu and carmaker BMW. The deal consisted of $3.8m from an equity round led by McCombs Fraser and backed by respective corporate venturing subsidiaries for Baidu and…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.