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Luminar Drives Expansion Into Automotive Market With Over $250M Total Raised

by businesswire.com posted 1week ago 13 views
PALO ALTO, Calif.--(BUSINESS WIRE)--Luminar announced today it is entering the consumer automotive and commercial trucking markets with a sensing and perception platform called Iris, now backed by new major institutional and strategic investors. After three years of stealth development, the company also revealed its perception software built on its LiDAR sensing platform. A recent addition of $100 million, along with previously unannounced capital, brings the company’s total raised to date to m.

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