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Lidar chip startup Lidwave closes $10M investment

  • Lidwave, a lidar chip startup, has closed a $10 million investment in seed funding.
  • The funding round was led by Jumpspeed Ventures and Next Gear, with participation from other backers.
  • Lidwave's lidar sensor chip is smaller, operates in adverse weather conditions, and is easier to maintain than traditional systems.
  • The company plans to use the funding to enhance its technology and invest in go-to-market initiatives.

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