2019-07-12

Luminar Drives Expansion into Automotive Market with Over US$250 Million Fund

US-based LiDAR startup Luminar announced that it is entering the consumer automotive and commercial trucking markets with a sensing and perception platform called Iris. After three years of stealth development and continuously increasing funds, the company revealed its perception software built on its LiDAR sensing platform. (Image: Luminar) A recent addition of US$100 million, along with previously unannounced capital, brings the company’s total raised to date to more than $250 million. Major financial investors include G2VP, two of the most prominent sover...
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2018-11-28

Luminar and Volvo Demonstrate Advanced LiDAR Perception Technology

LiDAR startup Luminar and Volvo Cars revealed their development in LiDAR perception for safe autonomous driving technology. Volvo has announced to invest in Luminar in June and became the first of its partners to develop advanced perception capabilities for vehicles. Volvo Cars has introduced its vision for full autonomy with its 360c concept and worked closely with Luminar. At the AutoMobility show in Los Angeles, the two companies jointly demonstrated long-range perception capabilities on a live drive along Los Angeles highways and streets to show Volvo Cars lo...
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2018-11-08

LiDAR Startups Update: Luminar Hires Ex-Uber Executive and Aeva Introduces 4D LiDAR Technology

With the drives from autonomous car development, LiDAR technology has been under the spotlight. Startups which focus on the technology have also gained attentions from the related industry and continued to unveil their development and updates about the technology. Luminar, a LiDAR startup that aim to increase the accessibility of the technology, has recruited Brent Schwarz, a veteran in the LiDAR sensor industry who has experiences at Velodyne and established his own company, Tyto LiDAR. As his LiDAR startup was acquired by Otto, which was then bought by Uber...
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2018-07-05

Volvo Cars Invests in LiDAR Maker Luminar

LiDAR plays a key role in applications of intelligent transportation such as automatic vehicles. With the understanding, Volvo Cars announced its investment in Luminar, a U.S. based start-up developing advanced LiDAR sensor for self-driving cars.
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TSLC Corporation, a subsidiary of SemiLEDs, launched sampling of its tri-color Mini LED series, targeted to provide LED display manufacturers with surface-mounting (SMT) compatible devices. The first product in the tri-color multi pixel series... READ MORE

The German chemistry giant BASF has revealed its development of dark automotive paint colors that are reflective to LiDAR for enhancing the detecting function of autonomous cars. LiDAR plays a critical role to the development of autonomous veh... READ MORE