Innovusion
Latest round
- Series C
Last raised
- Jan 2022
Total raised
- $278M
Investors
- 10
About Innovusion
Innovusion, Inc.Founded in 2016 by Junwei Bao and Yimin Li, Innovusion operates from Sunnyvale, US. The company focuses on advanced lidar technology, providing exceptional 3D sensing capabilities for the autonomous vehicle sector.Innovusion specializes in advanced lidar technology, providing high-performance sensor solutions that enable enhanced perception for various applications, predominantly in the autonomous vehicle sector. Their flagship product, the Innovusion Cortex, delivers exceptional 3D sensing capabilities with a range of up to 300 meters, ensuring precise object detection and classification. This technology addresses the challenges of safe navigation and obstacle avoidance in autonomous driving, facilitating the development of intelligent transportation systems.Innovusion generates revenue through direct sales of its lidar systems to strategic partners and clients within the automotive and robotics industries. The company employs a business-to-business transaction model, emphasizing extensive partnerships that often involve collaborative development agreements and the integration of Innovusion's technology into partner products. Pricing structures are based on volume and customization, ensuring tailored solutions for specific application requirements. The company is designing new lidar products aimed at improving the capabilities of autonomous vehicles, with launches expected in the near future. Innovusion aims to expand its market presence in Europe and Asia-Pacific by 2023, further solidifying its position in the autonomous vehicle sector.
Who invested in Innovusion
10 investors across 5 rounds
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Questions about Innovusion
Who invested in Innovusion?
Innovusion has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Innovusion raised?
Innovusion has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Innovusion last raise money?
Innovusion's most recent round on record is a Series C, in Jan 2022.
What does Innovusion do?
Innovusion is a automobiles, other vehicles & parts company.
Where is Innovusion headquartered?
Innovusion is headquartered in Sunnyvale, US.
Which VCs invest in companies like Innovusion?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Innovusion's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series C
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