With lidar companies Ouster and Velodyne officially merged, CEO Angus Pacala has identified the next phase of growth. And it’s not self-driving cars or even advanced driver assistance systems.
Last week, China’s lidar maker Hesai raised an upsized IPO in the U.S. at a time the industry is reeling from layoffs, bankruptcy and consolidation. The Shanghai- and California-based company, w
Ouster and Velodyne, two lidar companies, have agreed to a merger in an all-stock transaction, the companies said Monday. Both Ouster and Velodyne will maintain a 50% stake in the new company, accordi
Israeli lidar startup Innoviz will supply its lidar sensors and perception software to all vehicles with automated driving capabilities within Volkswagen group brands, the company said Tuesday. Innovi
Velodyne Lidar is welcoming a new CEO. The sensor company said that Theodore Tewksbury would take over the role starting November 10, the most recent in a string of changes to Velodyne’s C-suite sin
Velodyne Lidar, the sensor company that went public a year ago when it merged with special purpose acquisition company Graf Industrial Corp., reported its second quarter earnings Thursday, results tha
More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent times. But it’
AEye, a lidar startup that developed its technology for use in autonomous vehicles as well as to support advanced driver assistance systems in passenger cars, is going public through a merger with CF
Aeva, the lidar company started by two former Apple engineers, has raised an additional $200 million in private investment from Hong Kong hedge fund Sylebra Capital ahead of its debut as a publicly tr
Aeva, a Mountain View, California-based lidar company started by two former Apple engineers and backed by Porsche SE, is merging with special purpose acquisition company InterPrivate Acquisition Corp.
Lordstown Motors, the one-year-old Ohio electric automaker that revealed a pickup truck prototype in June, has reached a deal to merge with special-purpose acquisition company DiamondPeak Holdings Cor
If necessity is the mother of invention, then new business owners are getting very inventive in the ways in which they access cash. Relying on some long-tested and some new avenues to raise money, ent
Velodyne Lidar, the leading supplier of a sensor widely considered critical to the commercial deployment of autonomous vehicles, said Thursday it has struck a deal to merge with special purpose acquis
Lidar sensors are likely to be essential to autonomous vehicles, but if there are none of the latter, how can you make money with the former? Among the industry executives I spoke with, the outlook is
Postmates’ cooler-inspired autonomous delivery robot, which will roll out commercially in Los Angeles later this year, will rely on lidar sensors from Ouster, a burgeoning two-year-old startup t
Audi’s self-driving unit has tapped a startup with a unique approach to lidar as it ramps up testing in Munich using a fleet of autonomous electric e-tron crossover vehicles. Audi subsidiary Aut
Welcome back to the TechCrunch transportation newsletter; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. This is the fifth edition of our newsletter and we love the
Luminar, the buzzy LiDAR startup founded by Austin Russell, has added another high-profile executive to its ranks. This time, Luminar has hired Uber executive Brent Schwarz as its head of business dev
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 Ve
There are three exciting developments that I do expect to transpire within the next 12-18 months.The first major rollouts of autonomous fleets; the development of new mapping and LIDAR technology; and
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