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October 26, 2018 03:35 am GMT

Chinas NIO invests in LiDAR startup Innovusion

Innovusion, a two-year-old startup developing LiDAR sensor technology for autonomous vehicles, has raised $30 million in a Series A funding round co-led by Chinese firms Nio Capital and Eight Roads Ventures along with U.S.-based F-Prime Capital. Other seed round and strategic investors joined the round, the startup said. Nio Capital is the venture arm of […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dwrtdHazIAA/

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