【Summary】Autonomous driving startup Aurora Inc., co-founded by three industry veterans, plans to go public in a merger with special purpose acquisition company (SPAC) Reinvent Technology Partners Y, a firm led by LinkedIn co-founder Reid Hoffman and Mark Pincus, the founder of game developer Zynga. The transaction will value Aurora at roughly $13 billion and represents the latest high-profile SPAC deal.
Eric Walz
Jul 15, 2021 1:30 PM PT
author: Eric Walz
Aurora is working on self-driving technology for trucks and passenger vehicles.
Autonomous driving startup Aurora Inc. plans to go public in a merger with special purpose acquisition company (SPAC) SPAC deals with Reinvent Technology Partners Y, a company led by LinkedIn co-founder Reid Hoffman and Mark Pincus, the founder of game developer Zynga.