Tag Archives: lidar technology

Autonomous Driving LiDAR Tech Innoviz Gets Series B Funding from Delphi and Magna

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Autonomous Driving LiDAR Tech Innoviz Gets Series B Funding from Delphi and Magna autonomous vehicle urban mobility

Strategic partners Delphi Automotive and Magna International join new and existing investors to back Innoviz’s groundbreaking solid-state LiDAR technology on heels of strong adoption KFAR SABA, Israel, Sept. 7, 2017 /PRNewswire/ — Innoviz Technologies, a leading provider of LiDAR sensing solutions designed for the mass commercialization of autonomous vehicles, announced today that it has raised $65 million in Series B funding as its groundbreaking

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Solid-State LiDAR Startup Ready to Ramp Up Production

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Quanergy Systems, a Silicon Valley startup that makes light detection and ranging sensors LiDAR used in self-driving cars, has raised $90 million from investors, illustrating their growing interest in autonomous vehicle technology. The funding round, led by Sensata Technologies, also included investments from auto parts manufacturer Delphi Automotive , Samsung Ventures, Motus Ventures, and GP Capital. Quanergy’s post-funding valuation is $1.59

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Israeli Autonomous Vehicle Startup Gets Series A Funding $9 million

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For autonomous vehicles to function, they need to be able to react to changes in their surrounding environment. That’s where a sophisticated high definition solid-state LiDAR (laser sensor system) comes into play, and why Israel-based Innoviz Technologies announced Monday it had secured a $9 million Series A investment led by Magma Venture Partners and Vertex Venture Capital. Other investors included Zohar Zisapel, Amiti

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ZF Takes Stake in Autonomous Tech Firm

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ZF has announced it has acquired a 40% minority stake in Ibeo Automotive Systems GmbH. The Hamburg-based company is a market leader in lidar (light detection and ranging) technology. ZF pointed out that lidar is a key technology for autonomous driving, object recognition and accident prevention systems. Ibeo develops 3-D “environmental recognition” software with a particular focus on applications for

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Ford and MIT’s Electric Shuttle Experiment

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Ford Motor is unleashing electric vehicles onto the Massachusetts Institute of Technology campus. Students and faculty will be able hail these cars via mobile app in order to shuttle them to and from class. It sounds a lot like Uber and Lyft. But that’s not exactly what Ford is aiming for—at least not initially. The electric shuttles, which will be

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