Aurora went public via a SPAC merger with Reinvent Technology Partners Y in a $13bn deal.

Aurora Innovation, a self-driving technology company, went public via a SPAC merger with Reinvent Technology Partners Y, a special purposes acquisition company, in a $13bn deal. PIPE investors in the deal include Baillie Gifford, Counterpoint Global (Morgan Stanley), T. Rowe Price, PRIMECAP Management Company, Reinvent Capital, XN Capital, Fidelity Management and Research, Canada Pension Plan Investment Board, Index Ventures, Sequoia Capital, Uber, PACCAR, and Volvo Group. “Today marks a significant milestone for Aurora and the self-driving industry as we revolutionize transportation – making it safer, increasingly accessible, and more reliable and efficient than ever before. With our expert team, deep industry partnerships, and cutting-edge technology, Aurora is the company to deploy the Aurora Driver at scale across both autonomous trucking and passenger mobility. As a public company, we’ll accelerate the work we’re doing to deliver the benefits of self-driving technology safely, quickly, and broadly," Chris Urmson, Aurora Co-Founder and CEO.