This 22-year-old CEO has raised $36M to improve self-driving cars
Luminar, a secretive five-year-old Silicon Valley startup, has been trying to improve one of the components central to most self-driving cars. The company has its own take on LiDAR, the laser-based sensor that helps autonomous vehicles "see" the world around them. And according to its 22-year-old CEO, Luminar's technology will pave the way for autonomous cars that are better, cheaper and safe.
Why this matters: Luminar says it's designed-from-scratch LiDAR devices can be cheaper and more accurate.