Venture Capital
SAN FRANCISCO & SHANGHAI--(BUSINESS WIRE)--Innovusion, a leading developer of LiDAR technology for the autonomous vehicle markets, today announced it has raised about US $30 million in Series A funding, co-led by NIO Capital and Eight Roads Ventures in China, and F-Prime Capital in the U.S., in addition to seed round from Gaorong Capital and other strategic investors. On the heels of the funding, the company’s LiDAR system, the Innovusion Cheetah, is now available for ordering by customers worl.

In this article