Innoviz, a company making LiDAR sensors to support the development and deployment of autonomous driving, has raised a new $65 million in Series B funding, from strategic partners and leading auto industry suppliers Delphi Automotive and Magna International, along with other investors. The vote of confidence from Magna and Delphi is especially noteworthy, however, because both stand ready to supply automakers with core autonomous driving components and systems as top-tier suppliers.

The new funding will help Innoviz continue to push towards mass production of their LiDAR solution, which uses a solid-state design for greater reliability over time (thanks to a lack of moving parts) and which also claims better sensing capabilities across different weather conditions, including in typically challenging conditions for LiDAR like bright sunlight.

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