Tierr@_de_N@die: In a race where you will have to beat contesters as Google, Uber, Tesla or Bosch you must tide very tight your shoelaces. Mike Volpi try to explain why Aurora is the right bet.
Index spent more than a year talking to Chris before he founded Aurora in 2017, when he joined forces with two other leaders in the autonomous driving industry – Drew Bagnell, formerly of Uber, and Sterling Anderson of Tesla. What the company has achieved since has been remarkable, and today we’re delighted to double down following our Series A investment in February 2018. We’re joining an impressive $530mn Series B funding that reflects the magnitude of their work and the potential of their opportunity. This round – which sees the company’s valuation skyrocket to more than $2.5bn – is led by Sequoia, and includes T Rowe Price and Amazon, in addition to Index.
Source (www.indexventures.com): Why #Aurora will win the self-driving market by Mike Volpi | Index Ventures