MKW client Innovusion successfully raised a new $64 million funding round by Temasek, Bertelsmann Asia Investment Fund, Joy Capital, and existing investors NIO Capital, Eight Roads Venturs, and F-Prime Capital, as reported in TechCrunch. To date, Innovusion has raised over $100 million to ramp up the production volume of its auto-grade LiDAR and put more R&D efforts into smart cities, high-speed rail transit systems, and autonomous vehicles. Innovusion’s image-grade, long range LiDAR products provide three-dimensional point-of-view to better track vehicles and pedestrians while simultaneously maintaining high-resolution across the entire field of view, even in low-light conditions.
MKW is helping Innovusion build its foundational patent portfolio in the U.S. and around the world. Read more about MKW’s patent prosecution practice here.
Our partner, Rory Radding will be speaking via webinar at the World IP Forum 2021 conference to be held between April 26 , 2021 and May 6, 2021 which will be accessible globally, albeit virtually. He will be speaking on IP and international trade and specifically about Section 337 Proceedings before the U.S. International Trade Commission. Read more about Rory here.