Today Caterpillar Ventures is announcing an investment in TriLumina Corp. via Cottonwood Technology Funds. TriLumina is developing the next generation of laser arrays, which are critical components of Light Detection and Ranging (LiDAR) systems used in industrial automation and driver monitoring systems for vehicles. TriLumina is expected to enable improvements in both the cost and size of LiDAR components, broadening the potential applications and providing meaningful value to customers.
The investment in TriLumina via the Cottonwood Technology Funds has the potential to complement Caterpillar’s current LiDAR offerings.
About Caterpillar Ventures:
Caterpillar Venture Capital Inc. (Caterpillar Ventures) assists entrepreneurs around the world grow and scale their businesses to build today for a better tomorrow by leveraging Caterpillar’s industry expertise, supply base and independent dealer network. Caterpillar Ventures focus areas of investment include distributed power, analytics, robotics, additive manufacturing and business models that help our customers be successful. Caterpillar Ventures is a wholly owned subsidiary of Caterpillar Inc., the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For more information, visit caterpillar.com/ventures.
About TriLumina Corp.:
TriLumina, a semiconductor laser company, has developed a family of fast, powerful and cost-effective semiconductor lasers that will allow cars to see, think, predict and react. TriLumina is focused on lasers for solid-state automotive laser radar (LiDAR) technologies and smart illumination products in driver monitoring sensing applications. TriLumina lasers are a platform technology as use cases extend beyond the automobile to 3D depth sensing, human machine interfaces, and IR sensing in robotics, industrial applications and in the home. For more information, visit www.trilumina.com.