Innovusion has raised $60 million from Temasek, BAI and Joy Capital. In a separate development, Mooe Robot has pocketed nearly 100 million yuan ($15 million) in a new funding round.
Innovusion nabs $60m in new funding
Innovusion, a developer of LiDAR technology for autonomous vehicles, has garnered $60 million in a new funding round, bringing its total market valuation to $300 million, according to a report by AVCJ.