LiDAR systems manufacturer raises $45 million

Sydney autonomous vehicle technology business, Baraja, has secured $45 million in Series A venture capital to fund development of its LiDAR navigation systems for driverless vehicles. Raised from Sequoia China, Blackbird Ventures, and Main Sequence Ventures, this adds to seed funding raised in 2016 which also included Blackbird among its investors. Baraja launched its Spectrum-Scan…

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DroneShield wins approval to sell to Central American customer.

Sydney-based anti-drone security company, DroneShield (ASX: DRO), has won regulatory approval to fulfil an export order to a Central American customer. The company announced in a statement that approval would allow it to go ahead and fulfil a $300,000 order for its DroneGun Tactical jammer products. Oleg Vornik, DroneShield’s CEO, commented: “Drone misuse is a…

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