Aurora Innovation Inc, the self-driving technology startup known for its dream-team founders, has made its first major acquisition: a lidar company based in Bozeman, Montana.
Aurora recently raised US$530mil (RM2.22bil) from investors including Sequoia Capital, Amazon.com Inc and T. Rowe Price Group Inc. It’s acquiring Blackmore Sensors & Analytics, a lidar startup that had raised funding from BMW i Ventures and Toyota AI Ventures, for undisclosed terms.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!