Innoviz develops solid-state lidar sensors and an end-to-end perception software platform for automotive, mapping, robotics and drone applications. Its hardware products include the InnovizPro (150-meter range, 20 fps) and InnovizOne (250-meter range, 120° FOV, 25 fps). The company targets OEMs and Tier 1 suppliers and counts customers such as Harman, HiRain Technologies, Aptiv and BMW (which selected its computer vision software for production cars starting in 2021). The fresh capital is intended to support broader business activities, enhance perception software, and accelerate mass production and commercialization. Innoviz employs over 200 people across offices in China, Germany, Japan, the U.S. and its headquarters in Israel. The company was founded in 2016.

Total raised

$170M

Funding rounds

1

Latest round

Series C

Latest activity

Jun 2019