LeddarTech

About

LeddarTech is an automotive solutions company that solves critical fusion and perception challenges for all levels of autonomy.

Quebec,Quebec,Canada
251 - 500
https://investors.leddartech.com/overview/default.aspx

Highlights

Details

Last Funding Type: Series D
Last Funding Money Raised: $116M
Industries: Automotive,Autonomous Vehicles,Software,Software Engineering
Founded date: Jan 1, 2007
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: LeddarTech Inc.

LeddarTech provides the most flexible, robust and accurate sensing technology for advanced driver assistance systems (ADAS) and autonomous driving (AD). Our solutions enable customers to solve critical environmental sensing, fusion and perception challenges across the entire value chain.

The company develops cost-effective perception solutions scalable from Level 2 ADAS to Level 5 full autonomy with LeddarVision™, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types (camera, radar and LiDAR) and configurations.

LeddarTech’s disruptive technology reduces risks, accelerates development cycles and enables faster time-to-market. We are responsible for several cutting-edge remote-sensing innovations, with over 140 patents granted or applied for that enhance ADAS and autonomous driving capabilities.

Our customers are OEMs and Tier 1-2 automotive suppliers looking for sensing and perception solutions that allow them to meet their key performance, cost and development time requirements for faster time-to-market and ROI.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

10

$240.16M $130M

LeddarTech has raised a total of $240.16M $130M in funding over 2 rounds. Their latest funding was raised on Feb 3, 2022 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Feb 3, 2022	Series D	$116M	10	FS Investors	—	Detail
Feb 3, 2022	Debt Financing	$24M	1	Desjardins Group	—	Detail
Jan 23, 2020	Debt Financing	$48.44M	—	—	—	Detail
Dec 4, 2018	Debt Financing	$23.80M	1	—	—	Detail
Nov 20, 2018	Convertable Note	$11.60M	10	Desjardins-Innovatech	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

22

LeddarTech is funded by 22 investors. FS Investors and Desjardins Group are the most recent investors.

Investor Name	Lead Investor	Funding Round
FS Investors	Yes	Series D
Desjardins Group	Yes	Debt Financing
Desjardins-Innovatech	Yes	Convertable Note
ams OSRAM Group	—	Series D
BDC Venture Capital	—	Series D
Cowen Investment Management	—	Series D
Export Development Canada	—	Series D
Fidelity Canada	—	Series D
Fonds de solidarité FTQ	—	Series D
GO CAPITAL	—	Series D