By Akash Sriram

(Reuters) -Teradar on Wednesday said it raised $150 million and unveiled a new “terahertz-vision” sensor that it says could disrupt the automotive radar and lidar market by making all-weather, high-resolution sensing cheaper and more durable.

The technology could reshape the market for sensors widely used in robotaxis and self-driving applications by offering the resolution of lidar and the robustness of radar in a cheaper, bumper-mounted chip that sees through rain, snow and dust, potentially speeding automakers’ shift to safer driver-assistance at a lower cost.

Boston-based Teradar said the round was led by VXI Capital, with participation from IBEX Investors, Capricorn Investment Group, The Engine Ventures and Lockheed Martin Ventures.

“By 2030, it’s a $20 billion mar

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