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Title : Funding News: Gigajot, Mantis Vision
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Funding News: Gigajot, Mantis Vision

PrZen: Gigajot has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) grant for $225,000 to conduct R&D on a high-speed, high-resolution and high-sensitivity camera. This Quanta Image Sensor (QIS) camera is said to be the first CMOS camera in the market with photon-counting capability and room temperature operation. This prototype product can be beneficial in scientific and medical imaging, life science, astronomical imaging, and other applications.

"Scientists and medical doctors are not satisfied with the cameras they use in the laboratories and hospitals," said Saleh Masoodian, CEO, Gigajot. "By implementing the Gigajot's QIS devices into the scientific and medical cameras, scientists and researchers will be able to conduct more accurate measurements and researches with the innovative imaging technology."

"The novel technology is based on the mainstream commercial CMOS fabrication processes to realize high-yield and low-cost production. Besides the scientific imaging products, this technology will ultimately improve the performance of consumer imaging devices," said Jiaju Ma, CTO, Gigajot.

Once a small business is awarded a Phase I SBIR/STTR grant (up to $225,000), it becomes eligible to apply for a Phase II grant (up to $750,000). Small businesses with Phase II grants are eligible to receive up to $500,000 in additional matching funds with qualifying third-party investment or sales.

Yahoo: A 12-year old 3D structured light camera maker Mantis Vision is about to get $36m investment from China-based Luenmei Quantum Ltd.

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