2018-12-20

LiDAR Startup AEye Receives Series B Funds from SUBARU, Hella, LG and SK Hynix

The U.S.-based LiDAR startup, AEye, announced the second close of its Series B financing, bringing the company’s total funding to over US$60 million. AEye Series B included global automotive OEM, Tier 1 and Tier 2 strategic investors Hella Ventures, SUBARU-SBI Innovation Fund, LG Electronics, and SK Hynix. AEye previously announced that the round was led by Taiwania Capital and other investors. Series B will be used to scale AEye’s operations to meet global demand for its artificial perception systems for both ADAS and Mobilit...
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