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Self-driving Tech Developer Aurora Raising $2 Billion In Spac Listing That Values It At $11B

by forbes.com posted 2weeks ago 16 views
Funds from the deal will help the company get its self-driving truck technology ready for commercialization by late 2023.: Silicon Valley autonomous tech developer Aurora plans to have its system ready for semi trucks by late 2023. Aurora, a developer of technology for self-driving cars and trucks, is joining the rush to raise funds through a SPAC merger that will net the company about $2 billion and boost its valuation to an estimated $11 billion, the highest of any autonomous vehicle company to go public so far.

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