TeraDAR Funding, Investors & Competitors

TeraDAR has raised $175M across 3 funding rounds, most recently a $150M Series B in November 2025.

Last TeraDAR funding round

$150M

Series B · Nov 2025

Cumulative funding TeraDAR raised

$175M

across 3 funding rounds

Key investors in TeraDAR

  • Engine Ventures
  • Capricorn Investment Group
  • Ibex Investors
  • Lockheed Martin Ventures
  • VXI Capital

TeraDAR Overview

About TeraDAR

TeraDAR is a specialist in terahertz-band 4D imaging sensors for nanotechnology and semiconductor manufacturing. Its technology delivers high-resolution imaging through various weather conditions, day or night, enabling precise defect detection and process control in production lines.


Founded

2021

HQ

United StatesBoston, MA

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

TeraDAR Funding History

TeraDAR has raised a total of $175M across 3 funding rounds.

TeraDAR's first fundraising round was a $3M seed round in January 2022. The most recent completed round was a $150M Series B in November 2025.

TeraDAR funding rounds

TeraDAR funding rounds
DateStageInvestorsRaisedDeal Summary
Nov 2025Series BVXI Capital (lead); Ibex Investors; Engine Ventures; Capricorn Investment Group; Lockheed Martin Ventures$150MTeraDAR (also referred to as Teradar), a Boston-based startup founded at MIT's The Engine incubator, develops terahertz (THz) vision technology for sensors offering up to 20x the resolution of traditional automotive radar, all-weather performance, and LiDAR-level detail with radar-like robustness. The sensors target automotive applications with 200-250m range for passenger cars and 350-400m for trucks, supporting ADAS and autonomous driving from levels 1 to 5, while also applicable to defense, manufacturing, industrial automation, healthcare, and security. In November 2025, TeraDAR emerged from stealth and raised $150 million in a Series B funding round led by VXI Capital, with participation from Capricorn Investment Group, Ibex Investors, Lockheed Martin Ventures, and The Engine Ventures. The funding aims to scale production of its Modular Terahertz Engine (MTE), expand the engineering team, grow partnerships, and advance AI-enhanced signal processing, targeting first commercial vehicle production in 2028. The company is collaborating with five major automakers in the US and Europe, plus three Tier 1 suppliers for integration and validation. Investors were convinced through hands-on demos showcasing the sensor's performance in challenging conditions, positioning it to potentially replace radar and LiDAR, reduce sensor suite complexity, and enhance safety by preventing accidents through superior perception. No financial metrics such as post-money valuation, revenue, ARR, EBITDA, or valuation multiples were disclosed in the announcements.
Jan 2023Series A-$22M-
Jan 2022SeedEngine Ventures (lead)$3M-

Who has invested in TeraDAR?

5 investors have backed TeraDAR across its funding rounds, including Engine Ventures, Capricorn Investment Group, Ibex Investors, Lockheed Martin Ventures and VXI Capital.

Lead investors include VXI Capital and Engine Ventures.


TeraDAR Investors

Investors in TeraDAR by funding rounds participated
InvestorHQRoundsRoleFirst check
Engine VenturesUnited StatesUnited States2LeadJan 2022
Ibex InvestorsUnited StatesDenver, CO1ParticipantNov 2025
VXI CapitalUnited StatesBoston, MA1LeadNov 2025

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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TeraDAR Competitors

TeraDAR competitors include listed companies like Foxconn Industrial Internet, Amphenol, Lumentum and Honeywell, and private ones like proteanTecs and Verkada.

Public and private companies comparable to TeraDAR
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
proteanTecsIsraelHaifaPrivate$60M-$600M10.0x
Foxconn Industrial InternetChinaChinaPublicly listed$135B$7.7B$181B0.9x
AmphenolUnited StatesUnited StatesPublicly listed$23B$6.9B$193B6.5x
LumentumUnited StatesUnited StatesPublicly listed$3B($6.9B)$80B21.3x
HoneywellUnited StatesUnited StatesPublicly listed$37B$7.8B$65B3.6x
VerkadaUnited StatesSan Francisco, CAPrivate--$5.8B-

TeraDAR Public Comps

TeraDAR is still privately-owned, but its public comps include NVIDIA, TSMC, Broadcom, Samsung, Micron, SK Hynix, AMD, ASML, Intel and CXMT.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
NVIDIA$216B$142B24.4x15.6x37.1x23.8x
TSMC$120B$83B15.9x12.1x22.9x16.6x
Broadcom$64B$34B26.5x16.8x49.3x24.7x
Samsung$243B$67B4.4x2.4x15.8x4.4x
Micron$37B$18B29.0x8.0x60.3x9.6x
SK Hynix$71B$47B12.1x4.3x18.1x5.3x
AMD$35B$7.1B25.4x19.0x124.8x75.6x
ASML$38B$14B16.5x13.3x43.7x31.7x

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Common questions about TeraDAR

When was TeraDAR founded?TeraDAR was founded in 2021.
Where is TeraDAR headquartered?TeraDAR is headquartered in Boston, MA, United States.
Is TeraDAR publicly listed?No, TeraDAR is a private, VC-backed company.
How much funding has TeraDAR raised?TeraDAR has raised $175M across 3 funding rounds.
What was TeraDAR's last funding round?TeraDAR's last funding round was a $150M Series B in November 2025, led by VXI Capital.
Who are TeraDAR's investors?TeraDAR's investors include Engine Ventures, Ibex Investors, VXI Capital, Capricorn Investment Group and Lockheed Martin Ventures.
Which companies are comparable to TeraDAR?Companies comparable to TeraDAR include proteanTecs, Foxconn Industrial Internet, Amphenol, Lumentum, Honeywell and Verkada.

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