Friday, December 11, 2020

Innoviz, a lidar company backed by auto suppliers Magna and Aptiv, is going public via a SPAC merger expected to close in Q1 2021 at a valuation of $1.4B (Bloomberg)

Bloomberg:
Innoviz, a lidar company backed by auto suppliers Magna and Aptiv, is going public via a SPAC merger expected to close in Q1 2021 at a valuation of $1.4B  —  - Startup supplies laser sensors for BMW's iX model due in 2021  — Innoviz is fourth lidar company in 2020 to go public via SPAC



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