25-year-old sells high-school startup Luminar in a $3.4 billion deal - Business Insider

Deutschland Nachrichten Nachrichten

25-year-old sells high-school startup Luminar in a $3.4 billion deal - Business Insider
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

The deal means that Luminar will become a public company trading on the Nasdaq under the ticker symbol LAZR.

Luminar, which makes sensors for autonomous vehicles, said Monday it was selling itself in a deal valued at $3.4 billion via a SPAC merger with Gores Metropoulos. Volvo and the tech mogul Peter Thiel are also chipping in.

The founder and CEO of Luminar is Austin Russell, a 25-year-old who founded the startup in 2012 while in high school. "Eight years ago, we took on a problem to which most thought there would be no technically or commercially viable solution," Russell said in, referring to building a less-expensive but safer system for self-driving cars known as lidar. "We worked relentlessly to build the tech from the ground up to solve it and partnered directly with the leading global automakers to show the world what's possible.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

BusinessInsider /  🏆 729. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Inside the $415,000-a-month Hamptons cottage where Rihanna vacationed this summer - Business InsiderInside the $415,000-a-month Hamptons cottage where Rihanna vacationed this summer - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »

How a 22-year-old raised $3 million, used TikTok to launch a startup - Business InsiderHow a 22-year-old raised $3 million, used TikTok to launch a startup - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »

Luminar Listing On Nasdaq Via SPAC Merger To Fund Its Laser Lidar VisionLuminar Listing On Nasdaq Via SPAC Merger To Fund Its Laser Lidar VisionLuminar, a fast-growing maker of laser lidar sensors that help self-driving cars see the world, intends to list shares on Nasdaq by merging with a SPAC that raises cash and boosts the startup’s market cap to an estimated $3.4 billion
Weiterlesen »

Harvard Business School's virtual recruiting plans during the pandemic - Business InsiderHarvard Business School's virtual recruiting plans during the pandemic - Business InsiderEXCLUSIVE: Inside Harvard Business School's plans for helping students land coveted jobs and internships during the pandemic, including an army of virtual career coaches and a more flexible recruiting timetable
Weiterlesen »

7 hottest lawtech startups to watch in 2020 - Business Insider7 hottest lawtech startups to watch in 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »

Pitch deck: Ethical living startup CoGo plans for $26 million Series A - Business InsiderPitch deck: Ethical living startup CoGo plans for $26 million Series A - Business InsiderEthical living startup CoGo plans to raise more than $26 million from an ongoing Series A round. Here's an exclusive look at the pitch deck it used to raise $5.2 million from previous investments.
Weiterlesen »



Render Time: 2025-03-17 06:16:42