Innoviz extends funding round to $170 million to bring its lidar tech to self-driving cars

Innoviz extends funding round to $170 million to bring its lidar tech to self-driving cars

6 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/06/10/innoviz-extends-funding-round-to-170-million-to-bring-its-lidar-tech-to-self-driving-cars/

Just a few months ago, Innoviz became one of the better capitalized lidar startups when it announced it had raised $132 million in a Series C funding round. But that wouldn’t be the end of it.

The company kept the funding doors propped open and ultimately captured another $38 million from investors. The round has closed at $170 million, Innoviz said Monday.

Innoviz extends funding round to $170 million to bring its lidar tech to self-driving cars

Jun 10, 2019, 7:39pm UTC
https://techcrunch.com/2019/06/10/innoviz-extends-funding-round-to-170-million-to-bring-its-lidar-tech-to-self-driving-cars/ > Just a few months ago, Innoviz became one of the better capitalized lidar startups when it announced it had raised $132 million in a Series C funding round. But that wouldn’t be the end of it. > The company kept the funding doors propped open and ultimately captured another $38 million from investors. The round has closed at $170 million, Innoviz said Monday.