Cepton accomplishes USD100mln Investment from Koito Manufacturing

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, recently announced the accomplishment of the USD$100 million investment (the “Investment”) of its long-time Tier 1 partner and current shareholder Koito Manufacturing Co., Ltd. (“Koito”) (TSE: 7276) on January 19, 2023.  Industry sources added that the investment in convertible preferred stock was […]