PreAct, a Company That Provides Automakers With Near-Field Sensors, has Raised $14 Million

PreAct, a Company That Provides Automakers With Near-Field Sensors, has Raised $14 Million

PreAct, based in Portland, Oregon, raised $14 million for near-field sensor R&D. These sensors can detect and react to objects near a vehicle. In 2018, the startup switched to auto after years of shielding military vehicles from missiles. The company claims “significant growth over the past year.” CEO Paul Drysch said the company will use the funds for agriculture, healthcare, and robotics. The company has 30 employees and 20 openings.

advertisement
Battle Approved Motors. Invest Today!!
advertisement
Get a $250 Amazon Gift Card. Apply Today!

About Davie Bancroft

Davie Bancroft is an accomplished author with a strong focus on investment and the tech business landscape. With extensive knowledge and experience in these fields, he provides valuable insights into emerging trends and opportunities. Davie's writings explore the intersection of technology and finance, offering practical advice for investors and entrepreneurs. His expertise and analytical approach make him a trusted resource for those seeking to navigate the dynamic world of investments and tech startups.

See Articles by Davie Bancroft

Search