Teradar Secures $150M Series B Led by VXI Capital

Why It Matters

THz imaging promises breakthroughs in security screening, non‑destructive testing, and medical diagnostics, and Teradar’s sizable financing underscores strong commercial and defense interest that could fast‑track adoption across multiple industries.

Deal Summary

Boston‑based Teradar, developer of terahertz vision technology, announced it has closed a $150 million Series B round. The financing was led by VXI Capital with participation from IBEX Investors, Capricorn Investment Group, The Engine Ventures (MIT) and Lockheed Martin Ventures, enabling the company to commercialize its THz sensing platform.