BNP Paribas Fortis Private Equity, Capricorn Fusion China Fund et al. invest in solid state lidar company, XenomatiX

XenomatiX, provider of true solid state lidars for ADAS, autonomous driving and road digitization, has received funds from nine 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 nine to express their confidence in XenomatiX, the Leuven based, high tech company. With the additional capital, the company will accelerate the industrialisation of price competitive lidar modules. www.xenomatix.com