SPACs keep rolling as autonomous vehicle startup Aurora targets blank-check debut with $13B valuation

SPACs keep rolling as autonomous vehicle startup Aurora targets blank-check debut with $13B valuation

3 years ago
Anonymous $drS9DEX_Sj

https://techcrunch.com/2021/07/15/spacs-keep-rolling-as-autonomous-vehicle-startup-aurora-targets-blank-check-debut-with-13b-valuation/

Aurora Innovation, the autonomous vehicle startup that acquired Uber’s self-driving unit in December, is going public via a merger with special purpose acquisition company Reinvent Technology Partners Y.

The deal announced Thursday confirms TechCrunch’s reporting in June that the startup was in final talks with the SPAC launched by LinkedIn co-founder and investor Reid Hoffman, Zynga founder Mark Pincus and managing partner Michael Thompson.

SPACs keep rolling as autonomous vehicle startup Aurora targets blank-check debut with $13B valuation

Jul 15, 2021, 2:28pm UTC
https://techcrunch.com/2021/07/15/spacs-keep-rolling-as-autonomous-vehicle-startup-aurora-targets-blank-check-debut-with-13b-valuation/ > Aurora Innovation, the autonomous vehicle startup that acquired Uber’s self-driving unit in December, is going public via a merger with special purpose acquisition company Reinvent Technology Partners Y. > The deal announced Thursday confirms TechCrunch’s reporting in June that the startup was in final talks with the SPAC launched by LinkedIn co-founder and investor Reid Hoffman, Zynga founder Mark Pincus and managing partner Michael Thompson.