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Innoviz Technologies

innoviz.tech

Founded Year

2016

Stage

Incubator/Accelerator - II | Alive

Total Raised

$252M

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+60 points in the past 30 days

About Innoviz Technologies

Innoviz Technologies (NASDAQ: INVZ) manufactures high-performance, solid-state LiDAR sensors and perception software that enable the mass-production of autonomous vehicles. InnovizPro is a solid-state LiDAR that offers value for automotive and other applications. InnovizOne is an automotive-grade LiDAR sensor that provides superior 3D sensing for Level 3-Level 5 autonomous driving.

Headquarters Location

2 Amal Street

Rosh HaAyin, 446432,

Israel

+972 9 955 9218

Innoviz Technologies's Product Videos

ESPs containing Innoviz Technologies

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Transportation & Logistics / Automotive Tech

Companies in this market are developing lidar sensors and software that create a 3D rendering of a vehicle’s surroundings, facilitating object detection. Given the high cost of traditional spinning lidar units, companies are exploring a number of alternative design approaches, such as solid-state lidar (which includes MEMS-based lidar and optical phased array lidar) and flash lidar.

Innoviz Technologies named as Leader among 11 other companies, including LeddarTech, Sense Photonics, and Seoul Robotics.

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Innoviz Technologies's Products & Differentiators

    InnovizOne

    InnovizOne is a solid-state LiDAR sensor specifically designed for automakers and robotaxi, shuttle and delivery companies requiring an automotive-grade, mass-producible solution to achieve autonomy. The automotive-grade sensor is purpose-built to be rugged, affordable, reliable, low-power consuming, lightweight, high-performing and seamlessly integrable into Level 3-5 autonomous vehicles to ensure the safety of passengers and pedestrians alike.

Research containing Innoviz Technologies

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Innoviz Technologies in 2 CB Insights research briefs, most recently on Dec 16, 2020.

Expert Collections containing Innoviz Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Innoviz Technologies is included in 4 Expert Collections, including Auto & Mobility Tech.

A

Auto & Mobility Tech

1,493 items

Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.

S

Smart Cities

2,026 items

C

Conference Exhibitors

6,062 items

Companies that will be exhibiting at CES 2018

S

Semiconductors, Chips, and Advanced Electronics

6,168 items

Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.

Innoviz Technologies Patents

Innoviz Technologies has filed 1 patent.

The 3 most popular patent topics include:

  • Autonomous cars
  • Lidar
  • Radar
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/14/2019

11/15/2022

Autonomous cars, Lidar, Mass spectrometry, Cartography, Radar

Grant

Application Date

5/14/2019

Grant Date

11/15/2022

Title

Related Topics

Autonomous cars, Lidar, Mass spectrometry, Cartography, Radar

Status

Grant

Latest Innoviz Technologies News

06:00 ET Automotive LiDAR Market worth $8,611 million by 2030 - Exclusive Report by MarketsandMarkets™

Nov 24, 2022

News provided by Share this article Share this article CHICAGO, Nov. 24, 2022 /PRNewswire/ --  Automotive LiDAR Market  is projected to grow from USD 555 million in 2022 to USD 8,611 million by 2030, at a CAGR of 40.9%, according to a new report by MarketsandMarkets™. Browse and in-depth TOC on "Quadricycle Market"  279 – Tables Factors such as increasing inclination towards semi-autonomous vehicles, paired with increasing demand for high-end vehicles are expected to augment revenues for the automotive LiDAR market. Rising sales of EVs, in conjunction with development in autonomous vehicles are likely to create favorable opportunities for the Automotive LiDAR Market during the forecast period. Solid-state LiDAR segment is estimated to have larger share during the forecast period. The solid-state LiDAR is expected to larger segment in the Automotive LiDAR Market during the forecast period. By technology, the solid-state LiDAR segment is expected to lead the market in terms of value as well as volume due to its advanced features such as real-time solid-state LiDAR data acquisition, long detection range, etc. Innoviz Technologies Ltd. (Israel), Quanergy Systems, Inc. (US), and LeddarTech Inc. (Canada) are some of the players in the solid-state LiDAR market. In addition, increasing inclination toward advanced technologies in the European region, in conjunction with the rising focus on autonomous vehicles, is anticipated to augment the projected revenue for the solid-state LiDAR segment of the Automotive LiDAR Market during the forecast period. BMW (Germany) offers solid-state LiDAR technology in its BMW 7 Series model. Similarly, Toyota's Mirai model uses solid-state LiDAR technology. 3D segment is expected to account for larger share in the Automotive LiDAR Market during the forecast period The 3D Automotive LiDAR Market is projected to be the larger during the forecast period. 3D LiDAR, which is light in weight, can scan an area range of 100 to 150 meters, depending upon the device, with an FoV of 360 degrees horizontally and 360 degrees vertically. OEMs and developers depend more on 3D LiDAR for a better view and accuracy, resulting in improved output. Considering the declining price trend of 3D LiDAR, OEMs and developers will prefer to deploy 3D LiDAR instead of 2D LiDAR, which will also result in a more accurate performance. An increased inclination toward advanced technologies in the automotive sector, in conjunction with the rising focus on L2+, L3, L4 & L5 autonomy, is expected to boost the revenue growth of the 3D segment of the Automotive LiDAR Market during the forecast period. Audi A8 and Honda Legend are the models offered by Audi (Germany) and Honda (Japan), respectively, which use 3D LiDAR. Request FREE Sample Report: "Europe is expected to have noticeable share in the Automotive LiDAR Market by 2030." Europe is expected to have significant growth in the Automotive LiDAR Market during the forecast period. Stringent emission regulations, which led to an increase in sales of electric vehicles, paired with growing demand for premium vehicles are expected to drive the demand for automotive LiDAR in Europe. Additionally, the presence of OEMs such as Volkswagen (Germany), Daimler (Germany), Renault (France), and AB Volvo (Sweden) offers growth opportunities for automotive LiDAR in the region. European automotive enterprises also dominate the global automotive landscape, accounting for almost 50% of the R&D spending, led by BMW, Continental, and Daimler. All these parameters are expected to augment revenues for the Automotive LiDAR Market in the European region during the forecast period. Key Market Players The Automotive LiDAR Market is dominated by major players including Valeo (France), DENSO Corporation (Japan), Innoviz Technologies Ltd. (Israel), Velodyne Lidar, Inc. (US), and Luminar Technologies Inc. (US). These companies offer automotive LiDAR sensors and have strong distribution networks at the global level. These companies have adopted extensive expansion strategies; and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the automotive LiDAR market. About MarketsandMarkets™  MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. Contact:

Innoviz Technologies Web Traffic

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Innoviz Technologies Rank

Innoviz Technologies Frequently Asked Questions (FAQ)

  • When was Innoviz Technologies founded?

    Innoviz Technologies was founded in 2016.

  • Where is Innoviz Technologies's headquarters?

    Innoviz Technologies's headquarters is located at 2 Amal Street, Rosh HaAyin.

  • What is Innoviz Technologies's latest funding round?

    Innoviz Technologies's latest funding round is Incubator/Accelerator - II.

  • How much did Innoviz Technologies raise?

    Innoviz Technologies raised a total of $252M.

  • Who are the investors of Innoviz Technologies?

    Investors of Innoviz Technologies include Plug and Play Japan, Magna International, The Phoenix, Antara Capital, Collective Growth and 21 more.

  • Who are Innoviz Technologies's competitors?

    Competitors of Innoviz Technologies include Robosense, Velodyne, LiangDao, Cepton Technologies, Quanergy Systems, Seoul Robotics, Benewake, Lumotive, SOS LAB, Blickfeld and 19 more.

  • What products does Innoviz Technologies offer?

    Innoviz Technologies's products include InnovizOne and 3 more.

  • Who are Innoviz Technologies's customers?

    Customers of Innoviz Technologies include BMW.

Compare Innoviz Technologies to Competitors

LeddarTech Logo
LeddarTech

LeddarTech provides flexible, robust, and accurate sensing technology for advanced driver assistance systems (ADAS) and autonomous driving (AD). The company's solutions enable customers to solve critical environmental sensing, fusion, and perception challenges across the entire value chain. The company offers cost-effective, scalable solutions such as LeddarVision, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model with multi-sensor support for camera, radar, and LiDAR configurations.

Benewake Logo
Benewake

Benewake is a high-tech company that focuses on "Robots' eyes" LiDAR. Benewake's LiDAR (based on ToF) is mainly used for drones, robotics, and driverless automobiles to meet the requirements of auto-avoidance, simultaneous localization and mapping (SLAM), terrain following, and RGBD object recognition. The company was founded in 2014 and is based in Beijing, China.

LiangDao Logo
LiangDao

LiangDao provides lidar sensing systems including automotive-grade lidar hardware, perception software, testing and validation, and data services. It offers solutions for automotive and transportation applications. The company was founded in 2017 and is based in Beijing, China.

Robosense Logo
Robosense

Robosense provides the market with intelligent lidar systems with information understanding capabilities. The company's main technology includes a closed-loop of core technologies of lidar hardware, perception software, and chip. The company was founded in 2014 and is based in Shenzhen, China.

P
Psionic

Psionic develops Psionic Doppler Lidar for autonomous space vehicles. Doppler Lidar provides fast, long-distance unambiguous range and bearing measurements.

Blickfeld Logo
Blickfeld

Blickfeld develops LiDAR (Light Detection and Ranging) sensing technology. Its LiDAR system lets autonomous vehicles navigate and operate. It was founded in 2017 and is based in Munich, Germany.

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