Innoviz Technologies is a pioneering company in the field of autonomous vehicle technology (AVT) with a compelling mission to revolutionize the automotive industry. Established in 2016 and headquartered in Israel, Innoviz has quickly risen to become a global leader in LiDAR technology. The company's slogan, "Autonomous vehicle technology that is on a mission to change the world," aptly encapsulates its ambitious goals. Innoviz's advanced LiDAR technology and perception software have demonstrated the capability to surpass human drivers in their ability to perceive and react, leading to a significant reduction in the likelihood of errors on the road. As a result, Innoviz's offerings meet the stringent performance and safety requirements set by the automotive industry. With a presence across the U.S., Europe, and Asia, Innoviz has successfully partnered with renowned premium car brands for integrating its technology into consumer vehicles. Moreover, the company has also attracted attention from various commercial and industrial leaders for a diverse range of applications. In a significant development, Innoviz recently secured a $65.00M Post-IPO Equity investment on 09 August 2023, underscoring its attractiveness to investors and the confidence in its future prospects. This infusion of funds is indicative of the market's belief in Innoviz's capabilities and its potential for continued growth and innovation. In summary, Innoviz Technologies is at the forefront of a revolution in autonomous vehicle technology, with a proven track record of technological excellence and a compelling vision for the future. As the company continues to expand its reach and offerings, it remains a significant player in the manufacturing industry, poised to shape the future of mobility. For more information, visit their website.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $65.00M | - | 09 Aug 2023 | |
Post-IPO Equity | $230.00M | 2 | Antara Capital Master Fund | 06 Apr 2021 |
Series B | Unknown | 2 | 01 Jan 2020 | |
Series C | $38.00M | 9 | Harel Insurance and Financial, Beijing Phoenix Wealth Holding Group +1 | 10 Jun 2019 |
Series C | $132.00M | 5 | Harel Hertz Investment House, China Merchants Venture Capital | 26 Mar 2019 |
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