LEDDARTECH SCORES $140 MILLION USD IN SERIES D FUNDING AND DEBT

Québec City-based LeddarTech, which builds systems that help autonomous vehicles understand their surroundings, has secured $140 million USD in Series D funding and debt.

LeddarTech’s financing consists of $116 million USD in equity Series D capital led by FS Investors, and a $24 million debt facility from Desjardins Group. The Series D round was first reported by La Presse. LeddarTech described this $116 million USD in Series D funding as its “first close,” and declined to disclose how much the company ultimately aims to raise as part of the round when reached for comment.

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