XenomatiX, provider of true solid state lidars for ADAS, autonomous driving and road digitization, has received funds from 9 different entities including two international investment funds, BNP Paribas Fortis Private Equity and Capricorn Fusion China Fund

XenomatiX, provider of true solid state lidars for ADAS, autonomous driving and road digitization, has received funds from 9 different entities including two international investment funds, BNP Paribas Fortis Private Equity and Capricorn Fusion China Fund.

Peter Croonen and several other industrial private equity investors, with a background in automotive and mobility are amongst the 9 to express their confidence in XenomatiX, the Leuven based, high-tech company.

Alain Brackenier, CFO of XenomatiX adds ‘Our team has recently met a technical milestone agreed with an earlier strategic investor.  As a result, also this investor increased its stake in XenomatiX”.

Read more/Source: Automotive World