Innoviz Technologies said its InnovizTwo perception system makes it more affordable for carmakers to validate Level 2+ autonomous vehicles for safety, with a path to Level 3 with software updates.

After last week’s $582 million in funding for autonomous vehicle companies, you might think that driverless investment would coast for a while. However, this week saw more than $1 billion in support for developing self-driving cars and trucks. President’s Day is traditionally the time for car sales, but the automakers and big technology companies are…