Cepton, Inc. Announces Agreement for $100 Million Investment from Koito Manufacturing

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Cepton, Inc. (Cepton) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions , announced today that it has entered into a binding investment agreement dated October 27, 2022 (Investment Agreement) for a $100 million investment from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. (Koito) (TSE: 7276).