Rivals Chasing Velodyne in Lidar Race - Leddartech

As lidar emerges as one of the most sought-after sensor technologies for autonomous cars, startups specializing in lidars are popping up everywhere in Israel, Germany, Canada, New Mexico and California.

Velodyne Lidar, Inc. (Morgan Hill, Calif.), which shipped its first products in 2007, remains by far the most experienced and best funded lidar tech company. Velodyne announced earlier this week a combined $150 million investment from co-investors Ford Motor Company and China’s leading search engine company Baidu, Inc.

 

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