{"id":8306,"date":"2020-09-15T01:53:24","date_gmt":"2020-09-15T01:53:24","guid":{"rendered":"https:\/\/www.findadistributor.com\/news\/?p=8306"},"modified":"2020-09-15T07:53:43","modified_gmt":"2020-09-15T07:53:43","slug":"thruwave-raises-6-4m","status":"publish","type":"post","link":"https:\/\/www.findadistributor.com\/news\/thruwave-raises-6-4m\/","title":{"rendered":"ThruWave Raises $6.4m"},"content":{"rendered":"<p><a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a>, the pioneer of 3D millimeter wave (mmWave) imaging for supply chain and logistics, has raised $6.4 million in Series Seed funding.<\/p>\n<p>The funding round was led by E14 Fund and Ubiquity Ventures, and joined by Root Ventures, Blue Sky Capital, WRF Capital, and Tsingyuan Ventures.<\/p>\n<p>In-Q-Tel, a not-for-profit strategic investor for United States Government agencies, joined the round as an investor and customer. <a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a> was additionally awarded a $750,000\u00a0Phase II Small Business Innovation Research (SBIR) grant from the National Science Foundation to accelerate the development of its unique millimeter wave technology.<\/p>\n<p><a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a>\u2019s high throughput X2 mmWave Imaging System provides unprecedented supply chain visibility by enabling warehouse and fulfillment center operators to see through packaging to the items inside. Unlike existing X-ray inspection systems, <a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a>\u2019s sensors use human-safe millimeter waves to enable safe operation alongside human workers in busy warehouses and fulfillment centers. <a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a>\u2019s analytics layer automatically interprets images to measure cube utilization, count items, and detect missing or damaged items, all at conveyor speed. <a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a> systems can automatically image and analyze up to 20,000 boxes per hour.<\/p>\n<p>\u201c<a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a> makes the invisible visible\u201d, said <a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a> founder and CEO Matt Reynolds. \u201cOur sensors do what existing cameras can\u2019t do &#8211; we see through cardboard boxes and plastic totes to look at the items inside. We also detect anomalies such as missing or damaged items. Our computer vision layer analyzes the images to extract critical process variables like item counts, or fill volumes. We enable our customers to dramatically improve accuracy and efficiency in their warehousing and order fulfillment operations.\u201d<\/p>\n<div id=\"attachment_8307\" style=\"width: 2056px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-8307\" class=\"size-full wp-image-8307\" src=\"https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/09\/Screenshot-2020-09-14-at-14.46.47.png\" alt=\"\" width=\"2046\" height=\"1132\" srcset=\"https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/09\/Screenshot-2020-09-14-at-14.46.47.png 2046w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/09\/Screenshot-2020-09-14-at-14.46.47-768x425.png 768w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/09\/Screenshot-2020-09-14-at-14.46.47-1536x850.png 1536w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/09\/Screenshot-2020-09-14-at-14.46.47-400x221.png 400w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/09\/Screenshot-2020-09-14-at-14.46.47-440x243.png 440w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/09\/Screenshot-2020-09-14-at-14.46.47-650x360.png 650w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/09\/Screenshot-2020-09-14-at-14.46.47-587x325.png 587w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2020\/09\/Screenshot-2020-09-14-at-14.46.47-687x380.png 687w\" sizes=\"auto, (max-width: 2046px) 100vw, 2046px\" \/><p id=\"caption-attachment-8307\" class=\"wp-caption-text\">The ThruWave team has developed a breakthrough millimeter wave sensor for use in cube utilization, fulfillment, warehouse inventory management, retail shelf stocking, and manufacturing.<\/p><\/div>\n<p>\u201c<a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a>\u2019s groundbreaking millimeter wave technology addresses major pain points in both automated and manual material handling operations,\u201d said Calvin Chin, Managing Partner of E14 Fund. \u201cIndustry-wide, it is estimated that a typical e-commerce shipment is only 40% full, leading to tremendous waste in packaging material, shipping cost, and carbon footprint. <a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a>\u2019s unique sensors and software enable customers to regain control over their shipping cost and environmental impact.\u201d<\/p>\n<p>\u201c<a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a>\u2019s high-throughput millimeter wave sensors have the potential to enhance national security by enabling the detection of items concealed by packaging,\u201d said Eileen Tanghal, Senior Partner at In-Q-Tel. \u201cWe are excited to partner with <a href=\"https:\/\/www.findadistributor.com\/item\/thruwave-inc\/\">ThruWave<\/a> to bring this &#8216;x-ray vision&#8217;\u00a0capability to government customers who need high throughput, human-safe screening of mail, packages, and other items in an easily deployed form factor.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ThruWave, the pioneer of 3D millimeter wave (mmWave) imaging for supply chain and logistics, has raised $6.4 million in Series Seed funding. The funding round was led by E14 Fund and Ubiquity Ventures, and joined by Root Ventures, Blue Sky Capital, WRF Capital, and Tsingyuan Ventures. In-Q-Tel, a not-for-profit strategic investor for United States Government&#8230; <a href=\"https:\/\/www.findadistributor.com\/news\/thruwave-raises-6-4m\/\" class=\"excerpt-read-more\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":8307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,10],"tags":[157,377,5038,662,85,5039,62,5037,4563],"class_list":["post-8306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-homepage-featured","category-news","tag-logistics","tag-manufacturing","tag-mmwave","tag-order-fulfillment","tag-retail","tag-retail-shelf-stocking","tag-supply-chain","tag-thruwave","tag-warehouse-inventory"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ThruWave Raises $6.4m - Find A Distributor Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.findadistributor.com\/news\/thruwave-raises-6-4m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ThruWave Raises $6.4m - Find A Distributor Blog\" \/>\n<meta property=\"og:description\" content=\"ThruWave, the pioneer of 3D millimeter wave (mmWave) imaging for supply chain and logistics, has raised $6.4 million in Series Seed funding. The funding round was led by E14 Fund and Ubiquity Ventures, and joined by Root Ventures, Blue Sky Capital, WRF Capital, and Tsingyuan Ventures. In-Q-Tel, a not-for-profit strategic investor for United States Government... 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