Cepton to receive investment of up to USD 100 million from Koito Manufacturing

Cepton Inc. (Cepton), a developer of LiDAR solutions, announced that it has received a non-binding Letter of Intent for an investment of up to USD 100 million from Koito Manufacturing Co., Ltd. (Koito Manufacturing). Cepton will use the investment to help scale its lidar solutions for mass deployment. Cepton and Koit....

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