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Innoviz

42 stories about Innoviz

Innoviz shares plunge after surprise funding at discount
10.02.25|Sophie ShulmanInvestors react to $40 million capital raise at 12% below market price.
Innoviz cuts 9% of workforce in latest round of layoffs amid financial struggles
04.02.25|Sophie ShulmanLidar manufacturer reduces expenses by $12 million but still faces investor disappointment and slow revenue growth.
Innoviz cuts 9% of workforce in latest round of layoffs amid financial struggles
04.02.25|Sophie ShulmanLidar manufacturer reduces expenses by $12 million but still faces investor disappointment and slow revenue growth.
Innoviz stock soars on partnership with Nvidia
07.01.25|CTechAt the heart of the collaboration is Innoviz’s perception software, which has been optimized to run seamlessly on Nvidia’s DRIVE AGX Orin platform.
"Israel is not part of the struggle between the US and China - and this is our opportunity"
07.03.24|Meir OrbachOmer Keilaf, co-founder and CEO of Innoviz, was speaking at Calcalist and Bank Leumi’s Mind the Tech conference in New York
Innoviz cutting 13% of workforce to extend cash runway
31.01.24|Meir OrbachThe LiDAR technology developer is laying off around 60 people with the aim of reducing cash outlays by $22-24 million on an annualized basis
Why did Innoviz shares surge 60% this week?
15.12.23|CTechBullish analysts expect the Israeli LiDAR developer’s stock to climb significantly, suggesting even a massive 500% upside
Innoviz raises $65 million on Wall Street at deep discount
10.08.23|Sophie ShulmanThe LiDAR developer’s worrying rate of cash burn prompted the decision to raise funds at a 20% discount compared to the stock price on the eve of the announcement
Innoviz still far from translating potential to profits
18.05.23|CTechThe LiDAR company recorded just $1 million in revenue in the first quarter of the year and continues to bleed money despite buoyant partnership announcements
Innoviz CEO: "As long as you are trying to grow the company, you need to be on high alert"
04.04.23|Irad Atzmon-SchmayerIn a conversation with Roy Friedman, co-founder & CEO of Easyway, Omer Keilaf, CEO of Innoviz, shared why it’s difficult for entrepreneurs to balance their private life with work and how to find talent
Innoviz CEO: "We are a critical element in the automotive industry's revolution"
23.03.23|CTechOmer Keilaf was speaking at the Mind the Tech conference in London
Innoviz CEO: "Elon Musk was wrong. The massive investment in Tesla will go down the drain"
19.01.23|Sophie ShulmanOmer Keilaf is not bothered by Tesla abandoning LiDAR technology, nor worried when investors ask what's going on with Innoviz's stock. The prodigy of Israeli auto-tech is in a confident mood: "At the current price of LiDARs, I can sell 30 pieces to Tesla at the same cost it demands from its customers to make a vehicle autonomous"
Innoviz unveils new LiDAR system at CES
08.01.23|CTechThe Innoviz360 features up to 1280 scanning lines per frame, configurable frame rate, 0.05°x 0.05° resolution, and 300-meters of range
Innoviz Technologies deploying LiDAR sensors in Chinese ports
06.09.22|CTechThe first deployment with strategic partner HiRain Technologies started in RiZhao port, with both parties planning to expand the project to additional ports, including on HiRain’s autonomous trucks and AGVs
Innoviz shares surge as Volkswagen is revealed as $4 billion client
02.08.22|CTechThe Israeli Nasdaq-traded company will become the direct LiDAR supplier across multiple brands for one of the largest vehicle manufacturers in the world
Innoviz lands $4 billion deal with one of the world’s largest vehicle manufacturers
02.05.22|Sophie ShulmanThe Israeli company will become the direct LiDAR supplier for the manufacturer, which holds around a 10% share of the global auto market
Elon Musk's crusade against LiDAR and radar is taking its toll on Israel's Arbe and Innoviz
23.03.22|Udi EtsionTesla has stopped selling vehicles with electronic radar in the US, and Musk has been refusing to use laser radar for years. Musk's vision undermines the existence of two competing Israeli laser radar suppliers, which merged last year with American SPACs, and have since seen their value plummet
“I think that one of the best things that happened to this company is that we were overfunded at the beginning.”
28.10.21|CTechOmer Keilaf, CEO and co-founder of Innoviz Technologies, talks to Michael Matias about his vision of machines being safer than humans when operating on our roads
Israeli unicorns paying painful price for SPAC fine print
05.09.21|Sophie ShulmanSeven of the nine Israeli companies to have completed a SPAC merger to date are trading at a lower valuation than that with which they entered Wall Street
The entrepreneur with an eye for autotech unicorns
27.06.21|Hezi SternlichtDelek Motors, led by CEO Gil Agmon, has been generating plenty of income from investments over recent years to supplement its handsome profits from being the importer of Mazda, Ford and BMW products to Israel

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