Of the five billion mobile phones in the world, almost 2 billion are smartphones. This proves the explosive growth of this device as a channel of communication, education, work and entertainment.
Smartphones are more than just smart phones because everything we need is concentrated into one hardware device. It's the almost magical result of technological convergence and its coexistence with innovation in applications and mobility tools. One of the most used and shared functions of smartphones are the photographs. Facebook alone recieves more than 300 million photo uploads each day and more than 80% are uploaded from smartphones. However, certain disadvantages, such as low resolution and picture quality developments, imply that optics and electronics development is necessary to improve smartphone photographs.
Challenge
Corephotonics offers innovative camera designs involving mechanical, optical and electronic components. Thanks to this, corephotonics has significantly improved optics through multiple advanced algorithms for image processing.
Corephotonics is developing solutions that encompass two main product lines:
One line, called Actuators, are tiny electro-mechanical motors that improve focus capabilities, and enable optical imaging and video stabilization
The other line, Computational Cameras, are sophisticated optical systems combined with free image processing which will offer significant improvements, such as optical zoom, optical lower profile, improved in low lighting conditions, 3D maps and more.
In January of 2013, Corephotonics achieved their first round of funding with 5 million dollars, in which Magma Venture Partners, an Israeli investor and BetaAngels (a European investment company) all contributed.
