Teradar was founded by Matthew Carey, Gregory Charvat, Nicholas Saiz in 2021.

Who are Teradar's investors?

Teradar's investors include Alumni Ventures, Ibex Investors, The Engine Ventures, Capricorn Investment Group, Lockheed Martin Ventures, VXI Capital.

How much funding has Teradar raised?

Teradar has disclosed $150M raised across 1 round.

Where is Teradar headquartered?

Teradar is headquartered in Boston, US.

Teradar

Boston, US · Founded 2021 · 73 employees on LinkedIn · 7 known investors

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Teradar develops terahertz-based sensors for automotive safety, defense, and emerging applications. The company applies advanced terahertz technology to create a new category of sensing devices.

Deep Tech Defense Tech Hardware Mobility & Transportation

Founders & leadership

Teradar was founded in 2021 by Matthew Carey, Gregory Charvat, and Nicholas Saiz.

Matthew Carey CEO & Co-founderMatthew Carey holds an MBA from MIT Sloan and an MS in Computer Systems along with a BS in Robotics and Electrical Engineering, with prior experience in robotics, industrial automation, and business development.

Gregory Charvat CTO & Co-founderPreviously, he served as CTO at Humatics Corporation where he developed micro-location technology, as a co-founder at Hyperfine and Butterfly Network focused on medical imaging systems, and held research positions at MIT Lincoln Laboratory (where he developed through-wall radar imaging systems) and Michigan State University's Electromagnetics Research Group (where he built SAR and phased array radar systems). He authored the book Small & Short-Range Radar Systems and created MIT's coffee can radar course.

Nicholas Saiz Chief Chip Architect & Co-founderNicholas Saiz is Chief Chip Architect and co-founder of Teradar, which develops terahertz sensors for automotive and defense applications. He has worked in the defense and semiconductor sectors on RF systems, silicon photonics, phased arrays, and high-volume production testing, with expertise in analog and RF/millimeter-wave IC design and packaging.

Investors · 7

Alumni Ventureslisted by Alumni VenturesManchester · $100K – $10M

How we know: av.vc · Not right? Tell us

Ibex Investorslisted by Ibex InvestorsDenver

How we know: Ibex Investors's portfolio page · techcrunch.com · Not right? Tell us

The Engine Ventureslisted by The Engine VenturesCambridge

How we know: The Engine Ventures's portfolio page · therobotreport.com · Not right? Tell us

Capricorn Investment GroupreportedNew York

How we know: techcrunch.com · Not right? Tell us

Lockheed Martin VenturesreportedBethesda

How we know: therobotreport.com · the VCSheet dataset · Not right? Tell us

VXI CapitalreportedPark City

How we know: funding news · techcrunch.com · Not right? Tell us

Also in the syndicate · 1

MIT's Engine Ventureslead

Funding

SEC filings, press & company announcements

$150M disclosed across 1 round · 2025

$150MSeries BNov 2025 · 2 sources
MIT's Engine Ventures (lead), VXI Capital (lead), Capricorn Investment Group, Ibex Investors, Lockheed Martin Ventures, The Engine Ventures
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Teradar went on to found or lead other companies.

Amy VilleneuveBoard DirectorFounded REsurety Katie RaeBoard MemberFounded Engine Ventures

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken

Agency	Phase	Year	Amount
U.S. ArmyArmy	Phase II	2023	$1.7M
U.S. Air ForceAir Force	Phase I	2023	$74.7K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Teradar Introduces World's First Terahertz Vision Sensor to Redefine Automotive Safety for Cars, Trucks, and Autonomous Vehiclesprnewswire.com · Nov 2025

Teradar raises $150M for a sensor it says beats lidar and radar | TechCrunchtechcrunch.com · Nov 2025

Frequently asked questions

What does Teradar do?: Teradar develops terahertz-based sensors for automotive safety, defense, and emerging applications. The company applies advanced terahertz technology to create a new category of sensing devices.
Who founded Teradar?: Teradar was founded by Matthew Carey, Gregory Charvat, Nicholas Saiz in 2021.
Who are Teradar's investors?: Teradar's investors include Alumni Ventures, Ibex Investors, The Engine Ventures, Capricorn Investment Group, Lockheed Martin Ventures, VXI Capital.
How much funding has Teradar raised?: Teradar has disclosed $150M raised across 1 round.
Where is Teradar headquartered?: Teradar is headquartered in Boston, US.