Cepton, Inc. (Cepton), a Silicon Valley innovator and leader in high performance lidar solutions, announced the completion of its previously announced $100 million investment from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. (Koito) on January 19, 2023. The Investment, in the form of convertible preferred stock, was approved at a…
Cepton, Inc. (Cepton), a Silicon Valley innovator and leader in high performance lidar solutions, announced that it has entered into a binding investment agreement dated October 27, 2022 (Investment Agreement) for a $100 million investment from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. As previously reported, the investment will be…