Startup Cepton closes USD100 million investment from Koito Manufacturing


The Investment, in the form of convertible preferred stock, was approved at a special meeting of Cepton stockholders

Cepton, a high performance lidar solutions provider has announced the completion of its previously announced USD100 million investment from its long-term automotive tier-1 partner and current shareholder, Koito Manufacturing, according to a press release on 19 January 2023.

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