Startup Cepton closes USD100 million investment from Koito Manufacturing

News
Investments

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.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload