Cepton Technologies

Cepton Technologies

Develops advanced lidar technology solutions

About Cepton Technologies

Simplify's Rating
Why Cepton Technologies is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Robotics & Automation

Automotive & Transportation

Company Size

51-200

Company Stage

IPO

Headquarters

San Jose, California

Founded

2016

Overview

Cepton Technologies specializes in lidar technology, which uses laser light to measure distances by detecting reflections. Their products are designed for various applications, including automotive safety systems, autonomous vehicles, smart cities, and industrial uses. Cepton's unique Micro Motion Technology enhances lidar performance while keeping costs manageable, making it easier for different industries to adopt this technology. Unlike many competitors, Cepton focuses on creating scalable 3D perception solutions that improve safety and efficiency across sectors. The company's goal is to lead the lidar market by providing reliable and advanced solutions that support the growth of automation and smart technologies.

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Simplify's Take

What believers are saying

  • Growing smart city infrastructure drives demand for Cepton's lidar technology.
  • Automotive industry's shift to EVs increases need for Cepton's ADAS solutions.
  • Partnership with Koito enhances Cepton's market penetration and growth potential.

What critics are saying

  • Increased competition from Innoviz Technologies may impact Cepton's market share.
  • Rapid technological advancements could render Cepton's current technologies obsolete.
  • Potential delays in autonomous vehicle adoption may slow demand for Cepton's lidar.

What makes Cepton Technologies unique

  • Cepton's patented Micro Motion Technology balances performance, cost, and reliability.
  • Cepton secured the largest known ADAS lidar series production award in the industry.
  • Cepton's lidar solutions enhance safety and automation across diverse sectors.

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Funding

Total Funding

$424M

Above

Industry Average

Funded Over

6 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
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Company News

Fierce Electronics
Jan 8th, 2025
Cepton completes acquisition by Koito at CES, paving way for Lidar

Cepton completes acquisition by Koito at CES, paving way for lidar.

Insider Monkey
Aug 29th, 2024
10 Worst Augmented Reality (AR) Stocks According to Short Sellers

Microvision, Inc. (NASDAQ:MVIS) has also been facing challenges in securing contracts with automotive sector players, with its competitors, such as Cepton, gaining the upper hand.

Business Wire
Jul 30th, 2024
Cepton签署被Koito收购的最终协议

(美国商业资讯)-- 硅谷创新企业、高性能激光雷达解决方案领域的领导者Cepton, Inc.(简称“Cepton”或“公司”)(Nasdaq: CPTN)今日宣布已签署一项最终协议(简称“协议”)。根据该协议,领先的一级汽车供应商KOITO MANUFACTURING CO., LTD. (“Ko

Business Wire
May 14th, 2024
セプトン、小糸製作所と重要なエンジニアリング契約を締結

カリフォルニア州サンノゼ--(BUSINESS WIRE)--(ビジネスワイヤ) --. 自動車およびスマート・インフラ・アプリケーション向けの高性能LiDARソリューションにおけるシリコンバレーのイノベーターでありリーダー企業であるCepton, Inc.「以下「セプトン) 」(ナスダック: CPTN)は、長期の主要な自動車関連パートナーであり現株主である株式会社小糸製作所(以下「小糸製作所」)(TSE: 7276)と2024年5月9日付で重要なエンジニアリング・サービス契約(以下「本契約」)を締結したことを発表しました。. 本契約に基づき、小糸製作所はセプトンに対し、セプトンと小糸製作所が最近獲得した主要なグローバルOEMプログラムをサポートするため、2024年6月30日に終了する四半期に総額1,000万ドルのエンジニアリング・サービス料を支払います。

Business Wire
May 14th, 2024
Cepton Annonce Avoir Passé Un Important Contrat D’Ingénierie Avec Koito

SAN JOSE, Californie--(BUSINESS WIRE)--Cepton, Inc. (« Cepton » ou la « Société ») (Nasdaq : CPTN), entreprise innovatrice basée dans la Silicon Valley, cheffe de file des solutions lidar de haute performance pour les applications automobiles et les infrastructures intelligentes, a annoncé aujourd’hui la signature d’un important accord de services d’ingénierie (l’« Accord ») avec son actionnaire actuel et partenaire de niveau 1 à long terme du secteur automobile, KOITO MANUFACTURING CO, LTD. (« Koito ») (TSE : 7276) le 9 mai 2024. Selon les termes de l’accord, Koito fournira à Cepton des services d’ingénierie dont les honoraires s’élèveront à un total de 10 millions de dollars au cours du trimestre se terminant le 30 juin 2024, afin de soutenir un programme OEM mondial majeur récemment remporté par Cepton et Koito. L’accord dynamisera les efforts de Cepton en matière de développement de produits répondant aux spécifications des clients et d’exécution de programmes pour ses lidars à courte portée, qui devraient être déployés dans le cadre du programme OEM susmentionné ainsi que par de nombreux autres clients équipementiers, afin d’offrir des capacités de conduite autonome de niveau 4 adaptées à différents cas d’utilisation sur route et hors route

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