Less than two months after Fluid Truck’s board ousted its sibling co-founders from their executive positions, the company has laid off 30% of its staff, filed for Chapter 11 bankruptcy protection, and found a potential buyer to take on the business, pending court approval, according to bankruptcy filings and information from a former employee. Fluid […]
Self-driving truck startup Aurora Innovation raises $483M in share sale ahead of commercial launch
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 […]
“No Comeback Without Divestment”: Fans Send Protest Truck To HYBE
Fans are sending protest trucks to HYBE. Since October, the death toll in the Gaza Strip has reportedly surpassed 38K due to Israeli attacks. Over 80K Palestinians have been injured, starved, displaced, etc. People are calling for a ceasefire and attempting to help Palestinians as best they can. A common way to show one’s support […]