Samsung Catalyst, SoftBank Korea invest $8m in Israeli startup Innoviz

Samsung Catalyst, SoftBank Korea invest $8m in Israeli startup Innoviz

High performance, Solid State LiDAR at Mass Market Price to enable fully autonomous vehicles (PRNewsfoto/Innoviz Technologies Ltd)

Early stage venture capital arms of Samsung and SoftBank have joined the Series B funding round of Israeli startup Innoviz Technologies, which provides light detection and ranging (LiDAR) sensing solutions for the automobile industry.

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