Aurora raises more than $530M at a valuation above $2.5B
Aurora raised more than $530 million in a Sequoia-led Series B financing that valued the autonomous-driving company at more than $2.5 billion.
Why it matters
The financing gave Aurora one of the largest private capital bases in autonomous driving at the time.
Evidence notes
- Sequoia Capital led the round, with Amazon and T. Rowe Price making significant investments.
- Aurora later disclosed $659.7 million of aggregate Series B proceeds; that final total and the initial close are not additive.
- TechCrunch reported that the financing pushed Aurora's valuation above $2.5 billion.
Company context
Autonomous-trucking company building and operating a complete driverless freight system.