Innoviz Technologies

Autonomous Vehicle LIDAR Sensor Solution

Founder alumni from military unit 81

Business Overview

Public
Operating Status
Jan 2016
Founded
133
Employees
B2B
Business Model
Hardware, Software
Offering Type
Description
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.
Business Stage
Launched
Revenue Stage
Revenue Generating

Founders

Innoviz Technologies
Omer Keilaf
CEO
Innoviz Technologies
Oren Buskila
Chief R&D Officer
Innoviz Technologies
Oren Rosenzweig
CBO
Innoviz Technologies
Amit Steinberg
CTO
AI Expert

Funding Rounds

$252 M

Total Funding

5

Funding Rounds
Series C
Last Funding Series

Startup Profile Funding Rounds

Date Announced

Funding Round

Amount Raised

Investors

Exit Events and Acquisitions

Date Announced

Transaction

Consideration

Target

Acquirer

April 2021
Reverse Merger
$350 M
Innoviz Technologies
Collective Growth Corporation

Revenues

Date

Revenue Type

Amount

2020
Annual
$5M

AI Technology Stack

12
AI Team Size
1
AI Technologies
AI Description
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 Types

In The News

Israel’s Innoviz launches Next-Gen LiDAR, bringing us one step closer to the autonomous future | Geektime

October 19, 2020

More Startups

STATUS
Active
FUNDING
$45.9 M
FUNDING STAGE
Series D
STATUS
Active
STATUS
Acquired
FUNDING
$515 M
FUNDING STAGE
Private Equity
STATUS
Active
FUNDING
$77.2 M
FUNDING STAGE
Series E
STATUS
Active
STATUS
Acquired
FUNDING
$79.4 M
FUNDING STAGE
Private Equity
STATUS
Inactive
FUNDING
$67 M
FUNDING STAGE
Series B
STATUS
Active
FUNDING
$16 M
FUNDING STAGE
Series A
STATUS
Active
STATUS
Active
FUNDING
$184.5 M
FUNDING STAGE
Series C
STATUS
Active
FUNDING
$4.5 M
FUNDING STAGE
Seed
STATUS
Active
FUNDING
$7 M
FUNDING STAGE
Seed
STATUS
Active
STATUS
Acquired
STATUS
Public

Startup Snapshot

Operating Status
Public
AI Team Size
12
Total Funding
$252 Million
Founded
January 2016
Funding Stage
Series C
Time Since Last Funding Round
2 years
Revenues 2020
Annual
$5 Million
Valuation (Post-Money)
As of June 2019
$575 Million

Competitors

Add competitors to Innoviz Technologies

FEATURED VIDEO

Sign up for Pro

  • Bulk export lists (CSV, Excel)
  • View verified email contacts
  • Browse all profile types
  • Unlimited views
  • Advanced filters, sorting and search
  • Starting at just $15 per month

Sign up for free

  • Save profiles to your list
  • View all funding rounds
  • Advanced sorting filter access
  • Search investment rounds
  • Search exit events

Fundraising Contact

Submission Received

Thanks for your contribution.

Your edits are under review and will be visible soon.

Sign up for Pro

You reached your page view limit

  • Bulk export lists (CSV, Excel)
  • View verified email contacts
  • Browse all profile types
  • Unlimited views
  • Advanced filters, sorting and search
  • Starting at just $15 per month

Sign up for free

You reached your page view limit

  • Save profiles to your list
  • View all funding rounds
  • Advanced sorting filter access
  • Search investment rounds
  • Search exit events