Innoviz Secures $30 Million in Direct Share Offering
Tel Aviv-based LiDAR specialist Innoviz Technologies has entered a definitive agreement with institutional investors to raise $30 million through a direct offering of 66.67 million ordinary shares. The capital injection is slated to support general corporate operations and accelerate the commercialization of the company’s dedicated defense brand, Perciz.
The transaction is expected to close on or about July 29, 2026, pending standard closing conditions. Titan Partners is serving as the sole placement agent for the offering, with WestPark Capital, Inc. providing financial advisory services. The shares are being issued under an existing registration statement previously cleared by the U.S. Securities and Exchange Commission.
Innoviz, a Tier-1 supplier for automotive manufacturers, has increasingly pivoted toward the security and defense sectors. Its Perciz division leverages the company’s automotive-grade LiDAR sensors for specialized applications, including perimeter intrusion detection and counter-UAS systems. By deploying these sensors, the firm aims to provide high-resolution, real-time spatial awareness for government and infrastructure clients facing complex modern threats.
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