OurCrowd Portfolio Company Innoviz Goes Public via $1.4 Billion SPAC SPACs are hot. We all know that. And now one of OurCrowd’s portfolio companies is going public via a $1.4 billion SPAC. Innoviz, a LiDar startup in the autonomous vehicle tech sector, saw the company acquired in a SPAC deal this past week. Omer Keilaf, Innoviz co-founder and CEO, told CNBC they have been working on completing the deal over the past four months. Innoviz received $150 million from the blank check company – enough money to get to cash flow positive says Keilaf. He also adds that having the funding reassures OEMs using their product – something they expect to increase in the coming months. Innoviz was selected by BMW over three years ago and is now ramping up high volume production, according to Keilif. Other OEMs are in the works too.