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TheMarkerTech

US Firm Metalenz Acquires Israeli Startup PxE Imaging for Low-Light Camera Tech

Translated & summarized from TheMarker by baba

BusinessNeutral tone

Hebrew · 2 newsrooms covering

US technology firm Metalenz has acquired Israeli startup PxE Imaging, which developed a novel optical layer to significantly improve low-light camera performance. Founded in Rehovot, PxE Imaging raised $6.5 million and developed the HoloCoder component. The technology, expected to reach the market in 2027-2028, could improve smartphone camera capabilities by capturing up to 2.5 times more light.

The story in 5 lines · by baba

  • Metalenz of Boston acquired Israeli startup PxE Imaging for its low-light camera technology.
  • PxE Imaging's HoloCoder component aims to capture 2.5 times more light than traditional filters.
  • The technology, developed in Rehovot, could enhance smartphone cameras and portrait modes.
  • PxE Imaging was founded in 2018 and had raised $6.5 million in funding.
  • Metalenz anticipates the technology will be available in the market by 2027-2028.

Boston-based Metalenz has announced the acquisition of PxE Imaging, a small Israeli startup from Rehovot specializing in low-light photography technology. The terms of the deal were not disclosed. PxE Imaging, founded in 2018 by Yoav Berlatzky and Yinir Khainik, had previously raised $6.5 million across two funding rounds from investors including Merck's M Ventures and KDT, as well as a grant from the Israel Innovation Authority.

PxE developed a component called HoloCoder, an optical layer designed to replace the traditional Bayer color filter found on digital image sensors. The Bayer filter causes light loss, whereas PxE's layer, applied directly to the image sensor, manipulates light waves to create a pattern from which color and depth information can be extracted using algorithms. This technology is expected to allow up to 2.5 times more light to be captured, potentially enhancing low-light performance in smartphone cameras.

In addition to improved low-light capabilities, the HoloCoder can also capture depth information, which could lead to better portrait mode photos. However, the technology has not yet been launched, with Metalenz anticipating a market release between 2027 and 2028.

Metalenz, a Boston-based technology company established in 2021, focuses on optical and sensing components for cameras and has supplied 300 million optical components for consumer devices. Metalenz CEO Rob Devlin commented to Wired that while major companies like Apple, Samsung, and Google invest heavily in software to improve cameras, significant light loss cannot be fully recovered by software alone.

TheMarkerOther · Tel Aviv

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Mentioned

Full coverage · 2 outlets
First: TheMarker · Nov 11

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