Leddar Tech Inc. announced today the completion of a combined investment of US $101 million (close to CAD $130 million) led by Osram and including Delphi Magneti Marelli and Integrated Device Technology, Inc. as strategic investors, as well as Fonds de solidarité FTQ. Representing the Company’s largest capital raise to date, this round of funding will allow LeddarTech to enhance its ASIC development efforts, expand its R&D team, and accelerate ongoing LiDAR development programs with select Tier-1 automotive customers for rapid market deployment.
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Read the full press release here:
