Karista has sold its 30% stake in StereoLabs to U.S. company Ouster, achieving a return multiple of over 15x for Fund 3 investors while providing StereoLabs with resources to accelerate its global expansion in the advanced perception technology market.

Information on the target

StereoLabs, founded in 2010, is a pioneering company specializing in AI-based environmental perception through advanced vision technology. The company has developed a unique combination of stereo-vision hardware and a scalable AI vision software platform, positioning itself as a leader in visual environmental perception across various sectors, including automation, robotics, supply chain, industry, security, and autonomous mobility. With its innovative solutions, StereoLabs enables machines to perceive and understand their surroundings with a level of accuracy that approaches human vision, facilitating critical applications in complex and dynamic environments.

Karista, as the sole institutional investor from the seed stage, has played a crucial role in StereoLabs' growth journey. The firm has supported the company through multiple stages of development, including technological structuring, industrial scaling, and international commercial deployment. Today, StereoLabs boasts a robust community of over 100,000 developers and 10,000 customers, with its technology cited in more than 1,800 scientific publications.

Industry overview in the target’s specific country

The deeptech sector in France has been experiencing significant growth, driven by advancements in artificial intelligence, robotics, and automation technologies. The French government has actively supported innovation through various in