About Innoviz Technologies
Innoviz Technologies designs and sells automotive-grade LiDAR sensors and perception software, including its InnovizTwo platform, for driver assistance and automated vehicles. Its sensors produce 3D point clouds that onboard computers use to detect objects. Volkswagen selected it as a direct LiDAR supplier for automated vehicles, and Mobileye has said it would use InnovizTwo in its Mobileye Drive platform. The company was founded in 2016 in Israel and is listed on Nasdaq.
Innoviz Technologies was founded in 2016 and is based in Rosh HaAyin, Israel. It is listed under ASICs, Custom Silicon. Its shares trade as INVZ on NASDAQ. Reported funding is $728M.
Compute Technologies
- Custom Silicon
- ASICs
What Innoviz Technologies works on
ASICs
An ASIC, or application-specific integrated circuit, is a chip designed to do one job or a narrow set of jobs. Its circuits are fixed when the chip is made. A CPU can run any program; an ASIC does what it was designed for and nothing else.
Custom Silicon
Custom silicon means a company designs its own chips for its own products or data centers instead of buying standard parts. The chip is made by a foundry such as TSMC, but the design belongs to the customer.
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