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Semiconductors Series C Founded 2015

Benewake

Benewake develops and manufactures high-performance LiDAR sensors for autonomous driving, drones, robotics, smart transportation, and IoT applications. The company offers single-point LiDAR series (TF, TFA), 2D LiDAR (NOVA20, VLS-H5), and 3D LiDAR (AD2-S-X3, Horn-X2 Pro, Horn-RT) with ranges from 5 meters to 1,500 meters. Benewake holds over 300 authorized patents, exports to more than 90 countries and regions, and…

📍 Beijing, China · Sensors,

Funding snapshot

Last roundSeries C
Amount$14M
Date17 November 2023
Total raised$14M
Team size37

About

Benewake develops and manufactures high-performance LiDAR sensors for autonomous driving, drones, robotics, smart transportation, and IoT applications. The company offers single-point LiDAR series (TF, TFA), 2D LiDAR (NOVA20, VLS-H5), and 3D LiDAR (AD2-S-X3, Horn-X2 Pro, Horn-RT) with ranges from 5 meters to 1,500 meters. Benewake holds over 300 authorized patents, exports to more than 90 countries and regions, and has shipped over 2 million cumulative units. Founded in 2015 and headquartered in Beijing, China, the company has raised approximately $13.8M in Series C funding from investors including IDG Capital, Shunwei Capital, Cathay Innovation, and Tianqi Lithium. Benewake differentiates itself as a leading high-performance laser ranging sensor manufacturer, with applications spanning autonomous vehicles, unmanned mining trucks, drones, robotics, smart transportation, and IoT including blind navigation and security.

Business model

Industrial Robotics > Tech Enablers > Hardware > Sensors > LiDAR,

Drones > Drone Accessories > Sensors,

Sensors > Generic Sensor Developers > Positioning & Motion > Range > LiDAR,

Connected Vehicles > Safety and Security > ADAS

Institutional investors

Delta Capital Keywise Capital Management Shunwei Capital IDG Capital Cathay Innovation DiDi Jianxin Tire Cetcei Guohai Innovation Capital Investment Management Fenghou Capital Tianqi Lithium Tianqi Capital

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