Ford and Baidu invest $150M in Velodyne LiDAR

Green Car Congress
By mmillikinAug 16, 2016, 10:03 am95 pts
Velodyne LiDAR, Inc., a global leader in LiDAR (Light, Detection and Ranging) technology, announced the completion of a combined $150 million investment from co-investors Ford Motor Company and China’s leading search engine company Baidu, Inc. The investment will allow Velodyne to rapidly expand the design…

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