/Companies

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.

Founders & leadership

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

MC
Matthew CareyCEO & 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.
GCGregory Charvat
Gregory CharvatCTO & 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.
NSNicholas Saiz
Nicholas SaizChief 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

Also in the syndicate · 1

MIT's Engine Ventureslead

Funding

SEC filings, press & company announcements

$150M disclosed across 1 round · 2025

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

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. ArmyArmyPhase II2023$1.7M
U.S. Air ForceAir ForcePhase I2023$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

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.