PreAct Technologies is the market leader in near-field software-definable flash LiDAR technology.
PreAct Technologies mission is to dramatically reducing automotive accidents and fatalities.
PreAct Technologies was founded in 2018 by Paul Drysch. The company is headquartered in Portland, Oregon, with offices in Ashburn, Virginia, Rochester, NY and Barcelona Spain.
PreAct's family of sensors provide high-quality point clouds at a much lower cost than other LiDARs on the market. PreAct's patent pending sensors and software complement or may even replace many of the short-range sensors like radar, ultrasound, and cameras, estimated to be a $30 billion/year market.
PreAct's TrueSense, an advanced software-definable flash LiDAR sensors that provides an extraordinarily broad FOV, even when operating at full frame rate, for excellent area coverage in a small, low-power package.
PreAct provides its affordable LiDAR solutions to a wide range of industries including automotive, healthcare, ITS, industrial, consumer electronics, robotics and trucking.
PreAct is backed by Alpha Bridge, Sony Innovation Fund, I Squared Capital, State Farm Ventures®, Luminate, elev8.vc, Traylor Capital, and others. The company raised $14M in the first close of Series B round on Jan 05, 2023. This brings PreAct's total funding to $41M to date.