LeddarTech
Latest round
- Series D
Last raised
- Feb 2022
Total raised
- $116M
Investors
- 11
About LeddarTech
LeddarTech Inc.Founded in 2007, LeddarTech Inc. is headquartered in Quebec City, Canada, and specializes in developing advanced sensing technologies for the automotive industry. The company has undergone strategic developments and partnerships to enhance its product offerings and market reach.00 mn. The merger is anticipated to conclude in Q4 2023, positioning LeddarTech for a public listing on Nasdaq under the ticker ‘LDTC’.LeddarTech specializes in providing advanced sensing and perception solutions primarily designed for automotive applications, focusing on Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD). Its flagship product, LeddarVision™, offers a scalable and cost-effective software solution that merges raw sensor data to create precise 3D environmental models. This technology is crucial for Original Equipment Manufacturers (OEMs) and Tier 1-2 suppliers addressing challenges in sensing, data fusion, and perception. Additionally, LeddarTech provides LeddarSim™, a next-generation simulation platform that enhances the safety and efficiency of automotive systems.LeddarTech's revenue model is based on partnerships and licensing agreements primarily with OEMs and Tier 1-2 suppliers in the automotive sector. Clients license LeddarTech's software solutions, such as LeddarVision™, for integration into their vehicle platforms, often involving advanced royalty payments based on usage within manufacturing processes. The pricing plans are tailored according to specific deployment needs, reflecting the customization of the solutions offered.Following the Merger with Prospector Capital Corp. The company is focused on increasing customer engagement and aims to explore new markets, particularly in regions experiencing rapid growth in automotive automation.
Who invested in LeddarTech
11 investors across 1 round
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Funding rounds
Series D
Feb 3, 2022
Amount
$116M
Investors
Questions about LeddarTech
Who invested in LeddarTech?
LeddarTech has 11 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has LeddarTech raised?
LeddarTech has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did LeddarTech last raise money?
LeddarTech's most recent round on record is a Series D, in Feb 2022.
What does LeddarTech do?
LeddarTech is a automobiles, other vehicles & parts company.
Where is LeddarTech headquartered?
LeddarTech is headquartered in Quebec City, Canada.
Which VCs invest in companies like LeddarTech?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at LeddarTech's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series D
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