The lidar technology developer has emerged from stealth with $27m of funding led by Cox Enterprises and backed by Exelon.
Communications, media and automotive conglomerate Cox Enterprises has led a $27m series A round for US-based lidar sensor technology developer Ouster featuring Constellation Technology Ventures, a subsidiary of energy company Exelon.
Private equity firm Tao Capital Partners and venture capital firms Fontinalis Partners, Carthona Capital and Amity Ventures also invested in the round.
Ouster is developing light detection and ranging (lidar) technology for use in the autonomous vehicle and robotics sectors. Its lead product, OS1, is a 64-channel lidar sensor…
