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Chinese launch startup’s rocket fails during satellite launch
The Chinese launch company Galactic Energy suffered its first...
First Hong Kong-made satellite set to launch in November from Guangdong province, company reveals
The first Hong Kong-made satellite is set to be...
China launches Yaogan 39 remote sensing satellite
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A new map published by Saudi Arabia’s General Authority...
US, Saudi Arabia conclude region’s largest-ever counter-UAS exercise
The US and Saudi Arabia conducted the largest-ever counter-UAS exercise...
Study improves accuracy of planted forest locations in East Asia
An international team led by Purdue University scientists has...
Iran, Russia Working On Joint Research Spacecraft
In an interview with Tasnim, the president of the...
France, Bangladesh sign deal to provide loans, satellite technology during Macron’s visit to Dhaka
French President Emmanuel Macron witnessed the signature of a...
Iran, Russia Working on Joint Research Spacecraft
TEHRAN (Tasnim) – Top universities from Iran and Russia...
India, Vietnam, Malaysia, Philippines and Taiwan reject China’s new ‘controversial’ map, release statements
China continues to receive brute criticism from countries that...

March 27th, 2019
Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts

ROSH HA’AYIN, Israel Innoviz Technologies, a leading provider of high-performance, solid-state LiDAR sensors and perception software, announced today that it has raised $132 million in Series C funding. The round is marked by the entrance of new major investors China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), Shenzhen Capital Group and New Alliance Capital; and Israeli institutional investors Harel Insurance Investments and Financial Services and Phoenix Insurance Company. Given demand from additional investors, the Series C round will remain open for a second closing to be announced in the coming months.