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July 11, 2019 03:13 pm GMT

Luminar eyes production vehicles with $100M round and new Iris lidar platform

Luminar is one of the major players in the new crop of lidar companies that have sprung up all over the world, and it's moving fast to outpace its peers. Today the company announced a new $100M funding round, bringing its total raised to over $250M as well as a perception platform and a new, compact lidar unit aimed at inclusion in actual cars. Big day!

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