Light is expanding from Smartphones to CarsIn July, Light raised…

Light is expanding from Smartphones to Cars

In July, Light raised a whopping $121 million, led by SoftBank, bringing its total funding up to $181 million. It was the CEO Masayoshi Son who suggested the next step in the company’s evolution, moving to autonomous vehicles. While Light would be a new entrant in a field that already involves dozens of focused startups, Grannan believes it can offer imaging systems at a fraction of the cost of current LIDAR rigs — at around $5,000 apiece.

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