Asian Surveying & Mapping
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Isro’s PSLV-C53 places three satellites in orbit
The four-stage, 44.4m tall PSLV-C53 rocket that blasted off...
Chinese probe successfully maps entire Mars, sends stunning pictures
China's Tianwen-1 orbiter has mapped the entire of Mars,...
Israel Aerospace Industries Successfully Doubles Venµs Satellite’s Expected Service Life
Venµs changed altitude in space and will carry out...
South Korea launches KASS satellite to augment GPS
South Korea has successfully launched a precision aviation satellite...
China launches new batch of remote sensing satellites
XICHANG, June 23 (Xinhua) -- China successfully launched three...
Kenya launches nationwide airborne geophysical survey
Kenyan President Uhuru Kenyatta Tuesday launched the final report...
South Korea successfully launches home-grown Nuri space rocket
South Korea’s domestically built Nuri rocket successfully placed a...
Isro PSLV-C53 launch announced for June 30
The mission faced multiple initial delays, but was eventually...
Strong progress being made on the UK’s Geospatial Strategy
Annual plan published shows the Geospatial Commission’s progress on...
Israel Deploys Medicine Data-Map Skills to Avert Food Crisis
Even before the first wave of Covid-19 swept through...

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.