Innovusion is a leading developer of image grade LiDAR sensor systems for level 4 and 5 of the autonomous vehicle and ADAS markets.
Innovusion's unique combination of range, resolution, hardware accelerated sensor fusion, compact size, ease of integration and cost effectiveness makes their products an ideal choice for the most demanding applications.
Innovusion was founded in 2016 by Junwei Bao and Yimin Li. The company is headquartered in Sunnyvale, California.
Innovusion LiDAR systems are built by fusing together proprietary detector electronics, advanced optics, and sophisticated software algorithms and are designed from the ground up to meet the highly competitive pricing for automotive ADAS systems.
Innovusion's first product, Cheetah, employs its proprietary innovative reliable dual rotating polygon design which enables the world’s safest solution for Level 3+ Autonomous Driving Systems for vehicle mobility applications.
Innovusion has partnered with NIO for high-performance sensing used in NIO’s ET7 electric smart sedan. The ET7 boasts over 600 miles of range and full autonomous driving capability.
Innovusion is backed by Nio Capital, Temasek, BAI, Joy Capital, F-Prime Capital, Eight Roads Ventures and others. The company closed $64M in Series B round on May 10, 2021. This brings Innovusion's total funding to $94M to date.