Innoviz is a leading provider of high-performance, solid-state LiDAR sensors and perception software that enable the mass production of autonomous vehicles.
Innoviz delivers the vision and intelligence required for the mass-production of autonomous vehicles.
Innoviz was founded in 2016 by Omer Keilaf, Oren Rosenzweig and Oren Buskila. The company is headquartered in Rosh Haayin, Israel, with offices in Munich, Germany and Santa Clara, California.
Innoviz offers a range of hardware products, including the InnovizOne, an automotive-grade, mass-producible LiDAR sensor. The company recently unveiled the InnovizTwo, a more affordable offering targeting semiautonomous cars, vans, and semitrucks. And InnovizPro, a solid-state lidar with a 150-meter range and 20-frame-per-second framerate.
Innoviz's solid-state LiDAR sensor is specifically designed for automakers requiring an automotive-grade, mass-producible solution.
Innoviz's perception software is designed to be the ideal complement to the Company's hardware offerings with advanced AI and machine learning-based classification, detection and tracking features.
Innoviz is backed by SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, Vertex Ventures, 360 Capital Partners and others. The company has raised a total of $252M in funding to date.
Innoviz is going to be publicly listed through a special-purpose acquisition company (SPAC) merger, where a “blank check” shell corporation — Collective Growth Corporation — will take it public without going through the traditional IPO process. The cash-and-stock transaction values it at $1.4B.
Innoviz has been named a World Economic Forum Technology Pioneer, Automobility LA Top Three Startup, two-time CES Innovation Award winner, The Atlas Award for Best Israeli LiDAR, Most Innovative Startup in Israel, and more.