Founded in 2016, Innoviz is an Israeli startup providing LiDAR remote sensing solutions for fully autonomous vehicles. InnovizOne, our flagship High Definition Solid State LiDAR, enables smart and advanced 3D sensing. InnovizOne produces highly accurate, real time 3D images of the vehicles surroundings. Driven by its proprietary HW & SW technologies, InnovizOne offers superior performance and accuracy meeting automotive grade reliability while significantly reducing both cost and size. Innoviz also provides Computer Vision solutions including Object Detection, Tracking and Classification as well as Accurate Mapping and Localization. Our growing team is comprised of leading experts in numerous fields such as Electro-Optics, Computer Vision, MEMS design, Signal Processing and System Architecture.
Last Funding Series
360 Capital Partners, Amiti Ventures, Aptic, China Merchants Capital, Delek Motors, Delphi Automotive, Glory Ventures, Harel Insurance Investments and Financial Services, HiRain, Magma Venture Partners, Magna International, Naver Corporation, New Alliance Capital, Phoenix Holdings, Samsung, Samsung Catalyst Fund, Shenzhen Capital Group, SoftBank, Vertex Ventures, Zohar Zisapel
Startup Profile Funding Rounds
|2016||Jul 2016 09:00 PM||9.0||4375|
|2017||Jul 2017 09:00 PM||65.0||4375|
|2017||Sep 2017 09:00 PM||8.0||4375|
|2019||Feb 2019 10:00 PM||132.0||4375|
|2019||May 2019 09:00 PM||38.0||4375|
Exit Events and Acquisitions
AI Technology Stack
AI Team Size
Innoviz’s offerings include InnovizOne, for automotive-grade applications, and its Perception Software, designed to complement the hardware offerings with advanced AI and machine learning-based classification, detection and tracking features. The perception software leverages the rich data derived from Innoviz’s LiDAR sensors, coupled with proprietary state-of-the-art AI algorithms, to provide leading objection detection, classification and tracking features, as well as collision classification, localization and calibration capabilities. When deployed alongside and in combination with other sensors’ perception algorithms, Innoviz’s software complements them to enhance performance and safety. The perception software is very resource-efficient and requires low compute power, making it compatible with various automotive-grade compute platforms. This achievement is a key differentiator against hardware-only LiDAR providers.
AI Team Size
Time Since Last Funding Round
As of June 2019