AEye raises $40M for long-range LiDAR

AEye, a California-based startup, has raised $40 million in an oversubscribed Series B funding round. This brings AEye’s total funding to date to about $61 million. The Series B was led by Taiwania Capital, the investment firm created and backed by Taiwan’s National Development Council. The round also includes multiple global automotive OEMs, Tier 1s, and Tier 2s…

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