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Innovusion
An autonomous vehicle LiDAR technology developer
About Innovusion
Innovusion is a technology startup that operates in the LiDAR (Light Detection and Ranging) industry. In simple terms, LiDAR is a remote sensing method that uses light in the form of a pulsed laser to measure distances. Innovusion's primary product is a high-resolution LiDAR system that is used in autonomous vehicles and advanced driver-assistance systems (ADAS). This technology is crucial for these vehicles to navigate safely and efficiently.
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The company's clients are primarily manufacturers of autonomous vehicles and ADAS. These clients use Innovusion's LiDAR systems to enable their vehicles to detect and avoid obstacles, thereby enhancing the safety and reliability of their products. Innovusion operates in the rapidly growing market of autonomous vehicle technology, which is expected to become a multi-billion dollar industry in the coming years.
Innovusion's business model is based on selling its high-resolution LiDAR systems to its clients. The company makes money by selling these systems at a profit. It also generates revenue from providing technical support and maintenance services for its products.
Innovusion also places a strong emphasis on data storage and security. The company ensures that the data collected by its LiDAR systems is stored securely and used responsibly. It uses this data exclusively for statistical purposes to improve its products and services. The company complies with all relevant laws and regulations regarding data storage and privacy.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Sunnyvale, United States
- Employees
- 117
- Open positions
- None listed
- Dealroom signal
- 63.2/100
- Industry
- Transportation
- Sub-industry
- Autonomous & Sensor Tech
- Sector
- Transportation, Automotive, Core AI, Autonomous Mobility, Lidar, Hard Tech, AI Applications, DT and LS, science-based
- Technology
- Artificial Intelligence, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jan 2022 | $118M | $472M | Hermitage Capital | — |
| SERIES BOther financing | Aug 2021 | $66M | $264M | Eight Roads Ventures · Shunwei Capital · F-Prime · Guotai Junan International | — |
Growth signals
Latest recorded traffic for Innovusion is 290 monthly website visits, up 0% over the last three months. Innovusion's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A8 investors entered at this stage
Bessemer Venture Partners
Eight Roads Ventures
F-Prime
Nio Capital
Temasek
Joy Capital
Shunwei Capital
Guotai Junan International
Series B and later1 investor entered at this stage
Hermitage Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Innovusion on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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