Former Investment Banker Brings 25-Years of Finance and Engineering Experience
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SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton Technologies, Inc. (“Cepton”), a leading provider of state-of-the-art, intelligent, lidar-based solutions, announced today the addition of Hull Xu as Vice President of Finance and Strategy. In the newly created role, Xu will oversee financial reporting and planning, capital raising, investor relations, and corporate development activities.
A seasoned finance leader with an extensive background in engineering, Xu joins Cepton from Royal Bank of Canada (RBC), where he led the automotive technology and semiconductor investment banking coverage, and advised numerous technology companies on equity and debt capital raise as well as mergers and acquisitions. Prior to joining RBC, Xu served as Vice President at Barclays Capital, covering global electronics clients across semiconductor design, manufacturing and capital equipment industries. Xu began his career as an electrical engineer, working in various roles at Hewlett Packard, Agilent Technologies, and Turin Networks.
“I am pleased to welcome Hull Xu to our dynamic Cepton team,” said Jun Pei, co-founder and CEO of Cepton. “A keen leader in the finance and technology space, Xu has an eye for innovation and creativity, and we look forward to harnessing his talents as we continue to grow Cepton into a household name in the lidar space.”
Xu’s addition comes on the heels of the recent launch of Cepton’s Nova lidar sensor, the smallest and most affordable wide field of view lidar sensor for near-range market applications. Cepton also recently announced its partnership with The Indoor Labs to deliver path-breaking lidar-based, real-time crowd analytics solutions. The benefits of the partnership, which offers clients greater usability, safety, and cleanliness of large spaces, can already be seen at Orlando International Airport (MCO).
“As a former investment banker in the rapidly evolving auto tech sector, I have tremendous respect and admiration for the Cepton team. They have created a series of game-changing lidar solutions for mass adoption,” said Xu. “I am joining Cepton at an inflection point to help the company through its next phase of growth.”
Xu has an MBA from the Haas School of Business at UC Berkeley, a master’s degree in electrical engineering from Stanford University, and a bachelor’s degree in computer engineering from UC Davis.
About Cepton Technologies, Inc.
Cepton provides state-of-the-art, intelligent, lidar-based solutions for a range of markets such as automotive (ADAS/AV), smart cities, smart spaces and smart industrial applications. Cepton’s patented MMT®-based lidar technology enables reliable, scalable and cost-effective solutions that deliver long range, high resolution 3D perception for smart applications.
Founded in 2016 and led by industry veterans with over two decades of collective experience across a wide range of advanced lidar and imaging technologies, Cepton is focused on the mass market commercialization of high performance, high quality lidar solutions. Cepton is headquartered in San Jose, California, USA, with a presence in Germany, Canada, Japan, India and China, to serve a fast-growing global customer base. For more information, visit www.cepton.com and follow us on Twitter and LinkedIn.
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