MicroVision secures $75M financing from High Trail Capital for expanded opportunities in 2025.

MicroVision has secured $75 million in financing from High Trail Capital to bolster its financial position and pursue new revenue opportunities in 2025 and beyond. The company is actively engaging with global automotive manufacturers and heavy equipment customers for its MEMS-based lidar and ADAS solutions. MicroVision expects to report third-quarter revenue between $0.15 million and $0.2 million, down from $1 million last year, and plans to share full results in November 2024.

October 15, 2024
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