
Lightspeed, Bosch lead $173m round for China's Hesai

Chinese smart sensor maker Hesai Technology has raised a $173 million Series C round led by Germany’s Bosch Group and existing investor Lightspeed China Partners.
Hesai claims this is the largest ever funding round in the LiDAR industry. LiDAR, or Light Detection and Ranging, uses light to measure the distance of obstacles in autonomous driving. Other investors...
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