About Cepton Technologies
Cepton Technologies specializes in lidar technology, which measures distances using laser light and sensors. Their products are used in various fields, including automotive systems for driver assistance and autonomous vehicles, as well as in smart cities and industrial applications. Cepton's unique Micro Motion Technology enhances lidar performance while keeping costs manageable, making it suitable for a wide range of uses. Unlike competitors, Cepton focuses on scalable 3D perception solutions that improve safety and efficiency across different sectors. The company's goal is to advance automation and smart solutions in industries by providing reliable lidar systems.
San Jose, CaliforniaHeadquarters
2016Year Founded
$147.4MTotal Funding
IPOCompany Stage
Robotics & Automation, Automotive & TransportationIndustries
51-200Employees
Risks
Increased competition from Innoviz and Luminar in the lidar space.
Potential delays in product development due to reliance on Koito's engineering services.
Challenges in scaling production to meet growing demand for lidar sensors.
Differentiation
Cepton's patented Micro Motion Technology balances performance, cost, and reliability in lidar.
Cepton secured the largest known ADAS lidar series production award in the industry.
Cepton's lidar solutions enhance safety and automation across automotive and smart city sectors.
Upsides
Growing demand for lidar in smart city applications boosts Cepton's market potential.
Partnership with Koito enhances Cepton's market penetration and product development.
Solid-state lidar technology reduces costs, increasing Cepton's mass-market appeal.
Funding
Total raised$147.37 M
Latest valuation$1.50 B
StageIPO
POST IPO CONVERTIBLE
7/31/2022$100
SPAC IPO
1/31/2022$172
$1.50 BSPAC PRIVATE PLACEMENT
1/31/2022$58
$1.50 BSERIES C
1/31/2020$50
$250.00 MSERIES B
6/30/2018$35
$175.00 MSERIES A
6/30/2016$8
$40.00 M