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- TeraDAR
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
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
Website
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Nov 2025 | Series B | VXI Capital (lead); Ibex Investors; Engine Ventures; Capricorn Investment Group; Lockheed Martin Ventures | $150M | TeraDAR (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 2023 | Series A | - | $22M | - |
| Jan 2022 | Seed | Engine 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jan 2022 | ||
| 1 | Participant | Nov 2025 | ||
| 1 | Lead | Nov 2025 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialTeraDAR Competitors
TeraDAR competitors include listed companies like Foxconn Industrial Internet, Amphenol, Lumentum and Honeywell, and private ones like proteanTecs and Verkada.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $60M | - | $600M | 10.0x | ||
| Publicly listed | $135B | $7.7B | $181B | 0.9x | ||
| Publicly listed | $23B | $6.9B | $193B | 6.5x | ||
| Publicly listed | $3B | ($6.9B) | $80B | 21.3x | ||
| Publicly listed | $37B | $7.8B | $65B | 3.6x | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $216B | $142B | 24.4x | 15.6x | 37.1x | 23.8x | |||
| $120B | $83B | 15.9x | 12.1x | 22.9x | 16.6x | |||
| $64B | $34B | 26.5x | 16.8x | 49.3x | 24.7x | |||
| $243B | $67B | 4.4x | 2.4x | 15.8x | 4.4x | |||
| $37B | $18B | 29.0x | 8.0x | 60.3x | 9.6x | |||
| $71B | $47B | 12.1x | 4.3x | 18.1x | 5.3x | |||
| $35B | $7.1B | 25.4x | 19.0x | 124.8x | 75.6x | |||
| $38B | $14B | 16.5x | 13.3x | 43.7x | 31.7x | |||
This data is available for Pro users. Sign up to see all TeraDAR competitors and their valuation data. Start Free Trial | ||||||||
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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