Tag: Dr. Jun Pei

Cepton announces agreement for $100 mn investment from Koito Manufacturing

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…