Car Tech Startup Innoviz Raises $65M

By NoCamels Team September 10, 2017 Comments

Innoviz automotive September 10, 2017 | Innoviz Technologies, the Israeli startup that develops LiDAR technology, has raised $65 million from Delphi Automotive and Magna International, two of the world’s largest automotive suppliers. It is expected to raise more capital from these strategic partners in the coming weeks. Innoviz develops LiDAR (Light Detection and Ranging) laser sensor technology that builds a detailed 3D image after scanning a car’s surroundings. It was founded in January 2016 by Oren BuskilaZohar ZIsapelOmer David KeilafAmit Steinberg, and Oren Rosenzweig.  [Photo: Land Rover MENA]



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