The newly-founded Volvo Cars Tech Fund has invested in Luminar, which develops lidar sensors for autonomous vehicles. The move by the Swedish carmaker builds on an existing collaboration with the start-up, which has facilities in Palo Alto, California, and Orlando, Florida.
Ilika plc (LON: IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade, including in automotive, aeronautical and electronic components sectors. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.
