Samsung Catalyst and SoftBank Ventures Korea added $8m to the $65m previously supplied by investors including Magna, Delphi Automotive, Delek and Naver.

Israel-based remote sensor technology developer Innoviz Technologies boosted its series B round to $73m on Tuesday, securing funding from subsidiaries of consumer electronics producer Samsung and telecommunications and internet firm SoftBank.

Samsung Catalyst and SoftBank Ventures Korea provided $8m, adding to the initial $65m in series B funding Innoviz closed in September this year.

Founded in January 2016, Innoviz is working on light detection and ranging (lidar) technology that will help automotive vehicles sense each other as well as…