China: Eight Road Ventures backs Innovusion $30m Series A

Children pass by a self-driving Chevy Bolt EV car during a media event by Cruise, GM's autonomous car unit, in San Francisco, California. Photo: Reuters

US-based LiDAR technology developer for autonomous vehicles Innovusion has raised a $30-million Series A round co-led by NIO Capital and Eight Road Ventures. The round is also joined by F-Prime Capital, said the startup in an announcement.

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