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INDUSTRY FIRST

Leddartech Announces 140 Million Usd In Series D Financing Combined With Debt Facility

Feb 03, 2022•over 3 years ago

Round Type

series d

QuebecFinancial Services

Description

LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce a successful financing round with an investment of US$ 140M, which comprises a Series D first close of US$ 116M and debt facility of US$ 24M.

Company Information

Company

Leddar Tech

Location

Quebec, Quebec, Canada

About

The company offers cost-effective and scalable solutions such as LeddarVision™, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model with multi-sensor configurations to support Level 2+ to Level 5 full autonomy. In addition, LeddarTech will use the funds to augment engineering resources to meet the demands from global OEM and Tier 1-2 automotive customers actively engaged with the company for sensor fusion and perception sensing solutions. LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce a successful financing round with an investment of US$ 140M, which comprises a Series D first close of US$ 116M and debt facility of US$ 24M.

Company News

(10 articles)

Fri, 31 Jan 2025 16:03:58 GMT

ADAS & AD 101: Technical & Commercial Fundamentals - LeddarTech

Sat, 16 Apr 2022 20:22:29 GMT

Fundamentals of Sensor Fusion and Perception – FAQ - LeddarTech

Wed, 10 Aug 2022 07:00:00 GMT

LeddarTech Brings Raw Data Fusion and Perception Technology to Automotive ADAS and AD Events in China and the U.S. - LeddarTech

Tue, 06 Dec 2022 20:43:37 GMT

LeddarVision Software - LeddarTech

Sat, 01 Oct 2016 11:50:28 GMT

About LeddarTech - LeddarTech

Tue, 24 May 2022 07:00:00 GMT

LeddarTech Announces the Sensor Fusion and Perception Development Center Grand Opening in Tel Aviv, Israel, on June 9, 2022 - LeddarTech

Tue, 10 May 2022 07:00:00 GMT

LeddarTech Releases Its LeddarSteer Automotive-Grade, Solid-State Digital Beam Steering Technology for LiDAR Sensor Developers - LeddarTech

Wed, 31 Jan 2024 08:00:00 GMT

LeddarTech’s 2023 Year-in-Review Business Results - LeddarTech

Thu, 09 Aug 2018 07:00:00 GMT

LeddarTech delivers first LCA2 LiDAR chips to automotive partners - LeddarTech

Wed, 22 Apr 2020 07:00:00 GMT

LeddarTech Partners with Ningbo Sunny Automotive Optech Co. Ltd to Accelerate LiDAR Deployment for Advanced Driver Assistance Systems and Autonomous Driving Applications - LeddarTech

FundzWatch™ Score

Medium Activity