Nio'S Lidar Supplier Innovusion Bags Usd64 Million In Series B Round, Joined By Temasek
05/11/21, 5:34 AM
Location
chinaMoney raised
$64 million
Round Type
series b
Innovusion, a Chinese light detection and ranging system supplier that counts Nio as one of its clients and investors, has raised USD64 million in its Series B round of financing, resulting in a total of more than USD100 million.
Company Info
Location
china
Additional Info
Singapore's sovereign wealth fund Temasek, BAI Capital, German media giant Bertelsmann's fund BAI Capital and Beijing-based Joy Capital, joined the fundraising, the Suzhou-headquartered automotive company said in a statement on its website today. Besides China, the tech firm has a team in California, the US.