Sweden’s Veoneer invests in driverless-tech firm Baraja

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Swedish-American road safety technology giant Veoneer has firmed up its partnership with Sydney-based Baraja by taking an equity stake in the autonomous vehicle technology provider.

Veoneer has made an undisclosed investment in Baraja five months after selecting the LiDAR (light detection and ranging) technology developer from a pool of 70 players globally as its preferred partner to help manufacturers build the next wave of self-driving vehicles.

Baraja says the investment…

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