Self-driving technology company Aurora Innovation was hoping to raise hundreds of millions in additional capital as it races toward a driverless commercial launch by the end of 2024. The company, which had arranged to sell up to $ 420 million worth of shares, exceeded its goal and raised $ 483 million. The newly raised funds come […]
Self-driving truck startup Aurora Innovation to sell up to $420M in shares ahead of commercial launch
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races toward a driverless commercial launch by the end of 2024. Aurora is pursuing a driver-as-a-service model, wherein carriers purchase trucks with the Aurora Driver tech on board and then offer their services via those trucks to shippers. […]
Self-driving truck startup Aurora Innovation to sell up to $420M in shares ahead of commercial launch
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races towards a driverless commercial launch by the end of 2024. Aurora, which went public in 2021 through a special purpose acquisition merger, is pursuing a driver-as-a-service model, wherein carriers purchase trucks with the Aurora Driver tech on […]
DOJ says Apple’s “complete control” over tap-to-pay transactions stops innovation, cements its monopoly
In its wide-ranging antitrust complaint against Apple and its iPhone business, the U.S. Justice Department takes specific aim against Apple’s massive financial business, specifically how it uses Apple Pay to prohibit competition and make large amounts of money in the process, to the tune of billions in annual revenues. The DOJ alleges that is not […]
With backing from NATO Innovation Fund, OTB Ventures will invest $185M into European deep tech
Not a day goes by without some confirmation that deep tech is on the rise in Europe — and public and private capital investors are here for it. Latest case in point, OTB Ventures, which closed a $ 185 million fund to invest in deep tech in Europe that it will mostly deploy at the […]