Innoviz Technologies

About

Innoviz manufactures LiDAR sensors and perception software that enables the mass-production of autonomous vehicles.

Tel Aviv,Tel Aviv,Israel
251 - 500
http://www.innoviz.tech

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $65M
Industries: Automotive,Autonomous Vehicles,Manufacturing,Sensor,Software
Founded date: Jan 1, 2016
Number Of Employee: 251 - 500
Operating Status: Active
Stock Symbol: nasdaq:INVZ
Legal Name: Innoviz Technologies, LTD.
Also Known As: Innoviz Technologies, LTD

Innoviz is a manufacturer of solid-state LiDAR sensors and perception software that enable the mass-production of autonomous vehicles. InnovizPro is a solid-state LiDAR that offers outstanding performance and value for automotive and other applications. InnovizOne is a cutting-edge, automotive-grade LiDAR sensor that provides superior 3D sensing for Level 3-Level 5 autonomous driving.

The company is backed by top-tier strategic partners and investors, including Magna International, Samsung, Aptiv, Magma Venture Partners, Vertex Ventures, SoftBank Ventures Asia, China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), 360 Capital Partners, Glory Ventures, Naver, Shenzhen Capital Group, New Alliance Capital, Harel Insurance Investments and Financial Services, Phoenix Insurance Company, and others.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

8

$832M

Innoviz Technologies has raised a total of $832M in funding over 2 rounds. Their latest funding was raised on Apr 6, 2021 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 6, 2021	Post-IPO Equity	$230M	2	Magna International Antara Capital Master Fund	—	Detail
Apr 6, 2021	IPO	$350M	—	—	—	Detail
Jan 1, 2020	Series B	—	1	—	—	Detail
Jun 10, 2019	Series C	$38M	9	Shenzhen Capital Group	—	Detail
Mar 26, 2019	Series C	$132M	5	China Merchants Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

9

23

Innoviz Technologies is funded by 23 investors. Magna International and Antara Capital Master Fund are the most recent investors.

Investor Name	Lead Investor	Funding Round
Magna International	Yes	Post-IPO Equity
Antara Capital Master Fund	Yes	Post-IPO Equity
Shenzhen Capital Group	Yes	Series C
China Merchants Capital	Yes	Series C
Champel Capital	—	Series B
Aptiv	—	Series C
Beijing Phoenix Wealth Holding Group	—	Series C
China Merchants Group	—	Series C
Harel Insurance Investments and Financial Services	—	Series C
KUNLUN	—	Series C