Lidar startup Luminar raises $100 million, unveils Iris sensors

Luminar is a lidar startup that in 2017 emerged from five years of stealth with $36 million in funding. The early funds came from 1517 Fund, Canvas Ventures, and GVA Capital. Luminar is now expanding its product lineup substantially as it looks to corner an autonomous vehicle market that’s anticipated to be worth $556.67 billion by 2026. Alongside a new lidar solution designed to slot into advanced driver-assistance systems (ADAS), the San Francisco-based company today took the wraps off of its first production platform aimed at consumer vehicles and trucks — which includes what CEO Austin Russell describes as “full perception” capabilities.

https://venturebeat.com/2019/07/11/lidar-startup-luminar-raises-100-million-unveils-iris-sensors/