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Denso invests in US tech startup Metawave

Denso Corp. said May 17 that it has invested in U.S. technology startup Metawave Corp.

Metawave, which develops radar sensing technologies to detect vehicles and pedestrians, raised an additional $10 million from Denso, Toyota Motor Corp.'s Toyota AI Ventures LLC and Hyundai Motor Co., among other investors, according to the release.

Denso said it will use Metawave's technologies to accelerate the development of its smart automotive radar system for autonomous vehicles. The startup has the technologies to expand radar detection range, which improves recognition performance and reduces size, the release said.