SHANGHAI, Jan. 10, 2020 /PRNewswire/ -- On January 7th, the International Consumer Electronics Show (CES 2020) opened in Las Vegas. Hesai, a global leader in LiDAR technology, announced the closing of its series C funding totaling 173 Million USD.
Led by Robert Bosch GmBH and Lightspeed, this round is the largest single investment ever made in the global LiDAR industry. Co-investors include, among others, ON Semiconductor, Qiming Venture Partners, DT Capital Partners, and Axiom Asia Private Capital.
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![[L-R] Harish Venkatesan, Head of Corporates and Business Banking, HSBC Singapore; Kelvin Teo, Co-founder and Group CEO, Funding Societies](https://mma.prnasia.com/media2/2548023/L_R__Harish_Venkatesan_Head_Corporates_Business_Banking_HSBC_Singapore__Kelvin.jpg?p=medium600)
