Dell Technologies Capital contributed to a $12m round for silicon-based lidar chip developer Silc alongside Decent Capital and Itic Ventures.

US-based lidar technology developer Silc Technologies has completed a $12m seed round led by Dell Technologies Capital, the corporate venturing subsidiary of computing equipment producer Dell.

The round was backed by angel investment firm Decent Capital, an entity called Itic Ventures and multiple unnamed individuals.

Founded in 2018, Silc has devised a lidar sensor that can be fabricated onto a silicon chip that it claims offers superior reflectivity and light polarisation to competing products.

Lidar is a light-based surveying method…

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