Lidar startup Innovusion closes $64M round led by Temasek

More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent times. But it’s also a technology that has long been scorned by Elon Musk partly due to its once exorbitant costs.

https://techcrunch.com/2021/05/10/innovusion-64-millions-series-b/