Solid-State Lidar Startup Innoviz Raises $65m
Portfolio
21 September 2017
Innoviz Technologies, an Israeli startup building solid-state lidar technology for autonomous cars, has raised $65 million in a series B round of funding from Delphi Automotive, Magna International, 360 Capital Partners, Glory Ventures, and Naver, among others.
Founded in 2016, Innoviz is currently developing two lidar products — the InnovizOne, an automotive grade device for advanced autonomous driving stages, which is expected to be available in 2019, and InnovizPro, which will be available in early 2018 for companies looking to test and develop their own autonomous vehicles.