Corning, Cornes and Volvo have invested in Luminar, which has emerged with more than $250m in funding, including a $100m round closed recently.
US-based lidar technology developer Luminar yesterday unveiled $250m in funding provided by investors including specialty glass producer Corning, diversified conglomerate Cornes and vehicle manufacturer Volvo Cars.
Other backers in the company include G2VP, a venture firm spun out of Kleiner Perkins, as well as Moore Strategic Ventures, Westly Group, 1517 Fund, Canvas Ventures, Crescent Cove Advisors and Octave Ventures.
Two unnamed sovereign wealth funds and private investor Nick Woodman have also invested in the company. Volvo Cars participated through its…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
