![[Innoviz in Bloomberg News] With Robotaxis Still a Distant Dream, Lidar Makes Itself Useful](https://blog.ourcrowd.com/wp-content/uploads/2020/05/Bloomberg.png)
Innoviz Technologies Ltd., an Israeli startup backed by two of the world’s largest auto suppliers, Aptiv Plc and Magna International Inc., is pitching its latest sensors as a cheaper way for automakers to start phasing in more-sophisticated technology because it allows for upgrades as self-driving systems become more capable and widespread. Read...
Read More![[Innoviz in Reuters] Innoviz sees lower lidar costs accelerating autonomous car development](https://blog.ourcrowd.com/wp-content/uploads/2017/11/reuters-NEW.jpg)
Israeli lidar maker Innoviz Technologies said price reductions for the laser-based sensors will be key to enabling automakers to reach the next level of autonomous driving on a large scale. Read...
Read MoreIn less than five years since it was founded, Israeli startup Innoviz has established itself as a company to be taken seriously in the automotive lidar business. While light detection and ranging (Lidar) sensors were originally thought to be a key component of highly automated driving systems, they are now finding a place in lower level partially automated systems and that is the market Innoviz is targeting with its new InnovizTwo sensor. Read...
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This week we congratulate our portfolio company Corephotonics, which was acquired by Samsung – so proud of David Mendlovic and team! In other news, Intel will invest an unprecedented $11B in an Israel factory, creating around 1,000 jobs. Take a sneak peek at some of the incredible sessions we have lined up at the 2019 OurCrowd Global Investor Summit, and don’t forget to register. Startup Nation and beyond Check out this piece, Start-ups on High Road to China, which features myself, a leading VC from China, and entrepreneurs across sectors. Working with China and the US “is going to require some fancy footwork”, I recently told Bloomberg. I am ready to dance…read more here. Airobotics adds LiDAR into aerial drones, expanding use case possibilities. Top tech news this week Consumer Hardware…Eurofins UK and Consumer Physics launch an advanced on-farm feed analysis solution in UK. FinTech…Insurance Company Lemonade Tops $57 Million in Revenue in 2018. Agriculture…Taranis Launches Industry-First Automated Crop Emergence and Stand Count Solution. News from the industry “Over Valentine’s Day weekend in 2016, a winter storm wiped out most of New England’s peach crop — a development that left Sweetgreen’s supply...
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