BROAD STREET ANGELS ANNOUNCES ANGEL INVESTMENT DEAL WITH DREAMVU, INC. 


Omnidirectional 3D vision intelligence systems provides world's largest stereoscopic field of view in growing robotics market

June 9, 2021
Author: Susan Yee
Category/Tags: Uncategorized

FOR IMMEDIATE RELEASE 

BROAD STREET ANGELS ANNOUNCES ANGEL INVESTMENT DEAL WITH DREAMVU, INC. 

(May 19, 2021,  Philadelphia, PA) – Broad Street Angels, the Union League’s angel investing Affinity Group, announced that its members have made an investment in DreamVu, Inc. 

DreamVu, is a world leader in omnidirectional 3D vision intelligence systems for autonomous systems with its PAL and PAL mini product. The products utilize innovative patented optic and advanced imaging algorithms to create the world’s largest stereoscopic field of view. The ability for a single 3D camera to see large areas in a single frame saves robot system designers valuable time in development and improves the run-time efficiency of the robot once deployed. Both PAL and PAL Mini provide high-resolution vision, high-accuracy depth, and color 3D point-clouds, and easily integrate into a variety of autonomous systems at extremely low power. 

“We are really honored to have Broad Street Angels join our team of investors and believing in our vision to make the Omnidirectional Vision Systems a reality,” said Rajat Aggarwal, CEO of DreamVu. 

Broad Street Angels review investment opportunities from companies located in the Mid-Atlantic region on a monthly basis. Companies wishing to be considered can apply at broadstreetangels.com. 

ABOUT DREAMVU 

DreamVu is a pioneer and the leader in omnidirectional 3D vision systems. Based in Philadelphia, PA, with an R&D center in Hyderabad, India, DreamVu is the leader in omnidirectional 3D vision systems. With camera-based systems that leverage patented optics and imaging software to reduce system costs and deliver an unparalleled field of view, DreamVu is pioneering the next generation of visual intelligence and transforming the way machines and humans see the world. 

ABOUT THE BROAD STREET ANGELS
Broad Street Angels is an affinity club of The Union League of Philadelphia. It consists of about 100 Union League members who actively invest in qualified, early-stage enterprises in the Greater Philadelphia and mid-Atlantic region as a means of growing the economy, retaining, and attracting talent and fostering innovations that strengthen our civic infrastructure. Broad Street Angels, the Union League’s angel investing Affinity Group, announced that its members have made an investment in DreamVu, Inc. The group is a member of the Angel Capital Association, PACT, PA Angel Network, and Mid-Atlantic Diamond Ventures.

For information, please contact: Communications Chair, Susan Yee, CEO of Active Data, syee@activedata.com, 610-997-8100. 

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