Tech Company Financing Transactions

Innovusion Funding Round

On 8/17/2021, Innovusion landed $66 million in Series B funding from Guotai Junan International, ShunWei Capital and Eight Roads.

Transaction Overview

Company Name
Announced On
8/17/2021
Transaction Type
Venture Equity
Amount
$66,000,000
Round
Series B
Investors

Guotai Junan International (Lead Investor)

ShunWei Capital (Lead Investor)

Eight Roads (Ted Chua)

F-Prime Capital (Sanjay Aggarwal)

NIO Capital (Ian Zhu)

Temasek Holdings

Proceeds Purpose
The extra funding will help the startup grow faster and offset the potential shortage of computer chips by paying for some upfront.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
160 San Gabriel Dr.
Sunnyvale, CA 94086
USA
Email Address
Overview
We are a leading developer of image grade LiDAR sensor systems for the level 4 and 5 of the autonomous vehicle and ADAS markets. Our unique combination of range, resolution, hardware accelerated sensor fusion, compact size, ease of integration and cost effectiveness makes our products the ideal choice.
Profile
Innovusion LinkedIn Company Profile
Social Media
Innovusion Company Twitter Account
Company News
Innovusion News
Facebook
Innovusion on Facebook
YouTube
Innovusion on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Junwei Bao
  Junwei Bao LinkedIn Profile  Junwei Bao Twitter Account  Junwei Bao News  Junwei Bao on Facebook
Chief Technical Officer
Yimin Li
  Yimin Li LinkedIn Profile  Yimin Li Twitter Account  Yimin Li News  Yimin Li on Facebook


 

 

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Our team works diligently to report on every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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