Bosch, Lightspeed China lead $173m funding in 3D-sensor firm Hesai

Hesai Technology produces cutting-edge 3D-sensors (LiDAR) products.

China’s 3D-sensors (LiDAR) provider Hesai Technology on Tuesday announced that it has secured a total of $173 million in its Series C round of financing jointly led by German’s global leading supplier of technology and services Bosch Group, and existing investor Lightspeed China Partners.

ON Semiconductor, Qiming Venture Partners, Detong Capital and Axiom Asia Private Capital also participated in the funding round. 

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