2019-06-17

Israel LiDAR Company Innoviz Closes Series C Funding at US$170M

Innoviz Technologies, the Israeli LiDAR sensor and perception software provider, announced that it has closed its Series C funding round with US$170 million. The total funding of the company came to US$252 million. (The close of Innoviz’s Series C funding round marks a significant milestone in a long line of achievements by the company. Image: Innoviz) The company said that this funding will support several key initiatives, including the enhancement of Innoviz's perception software. Innoviz's perception software provides vehicles with a deep underst...
Continue reading
2018-04-28

BMW Selects LiDAR Sensors from Magna and Innoviz Technologies for 2021 Autonomous Vehicles Series Production

On the road to developing autonomous technologies, perhaps nothing is more important than the vehicle being able to see the world around it. To help meet this challenge, Magna and Innoviz Technologies will supply the BMW Group with solid-state LiDAR for upcoming autonomous vehicle production platforms.
Continue reading
2018-01-10

CES News: Innoviz Launching Autonomous Driving LiDAR InnovizPro

Innoviz Technologies announced the commercial launch of InnovizPro, a stand-alone, solid-state, MEMS-based scanning LiDAR solution offering the most accurate and reliable performance of any LiDAR sensor available on the market.
Continue reading
2017-09-21

Innoviz Technologies Ready to Mass Produce Its LiDAR Solution

Israeli-based LiDAR developer Innoviz Technologies announced in early September that it has raised $65 million in Series B funding as its groundbreaking LiDAR solution moves into mass production. Strategic partners and global experts in automated driving solutions Delphi Automotive PLC and Magna International participated in the round, along with additional new investors including 360 Capital Partners, Glory Ventures, Naver and others. All Series A investors, including Zohar Zisapel, Vertex Venture Capital, Magma Venture Partners, Amiti Ventures and Delek Motors, participated in this round. A second closing of this round is expected to be announced soon, introducing additional strategic partners.
Continue reading
2017-08-25

Delphi Partners with Innoviz Technologies to Provide High-Performance LiDAR Solutions for Autonomous Vehicles

Delphi Automotive PLC announced a commercial partnership with Innoviz Technologies, a Israeli-based company developing LiDAR technology for the mass commercialization of autonomous vehicles. Innoviz's proprietary LiDAR sensing solutions will be integrated into Delphi's systems to provide automakers with a comprehensive portfolio of autonomous driving technologies.
Continue reading

Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE