Tech Company Financing Transactions

Innovusion Funding Round

Innovusion closed a $30 million Series A funding round on 10/26/2018. Investors included Eight Roads, F-Prime Capital and NIO Capital.

Transaction Overview

Company Name
Announced On
10/26/2018
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series A
Investors

Eight Roads (Lead Investor) (Ted Chua)

F-Prime Capital (Lead Investor) (Sanjay Aggarwal)

NIO Capital (Lead Investor) (Ian Zhu)

Gaorong Capital

Proceeds Purpose
This round of funding will allow us to expand our R&D team and manufacturing facilities to more quickly develop, market and deliver Innovusion Cheetah LiDAR to customers around the world, helping drive innovative perception solutions in autonomous vehicles.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
160 San Gabriel Dr.
Sunnyvale, CA 94086
USA
Email Address
Overview
We are a leading developer of image grade LiDAR sensor systems for the level 4 and 5 of the autonomous vehicle and ADAS markets. Our unique combination of range, resolution, hardware accelerated sensor fusion, compact size, ease of integration and cost effectiveness makes our products the ideal choice.
Profile
Innovusion LinkedIn Company Profile
Social Media
Innovusion Company Twitter Account
Company News
Innovusion News
Facebook
Innovusion on Facebook
YouTube
Innovusion on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Junwei Bao
  Junwei Bao LinkedIn Profile  Junwei Bao Twitter Account  Junwei Bao News  Junwei Bao on Facebook
Chief Technical Officer
Yimin Li
  Yimin Li LinkedIn Profile  Yimin Li Twitter Account  Yimin Li News  Yimin Li on Facebook


 

 

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