[Stay on top of transportation news: Get TTNews in your inbox.] PlusAI unveils third attempt to go public Autonomous software developer to add $236M in funding Staff Reporter Key Takeaways: - PlusAI is set to merge with a Nasdaq-listed special purpose acquisition company in a deal valuing the self-driving truck software developer at $800 million, the company said Sept. 3. The deal is the latest in a line of attempts PlusAI has made to go publ - The merger is PlusAI’s latest public-listing attempt after previous SPAC deals collapsed and is expected to provide $236 million in funding through 2027. - PlusAI plans to use the funding to launch factory-built autonomous trucks with partners and target driverless freight operations without safety drivers in 2027. PlusAI is set to merge with a Nasdaq-listed special purpose acquisition company in a deal valuing the self-driving truck software developer at $800 million, the company said Sept. 3. The deal is the latest in a line of attempts PlusAI has made to go public through a SPAC merger, and comes ahead of a pivotal year for PlusAI and its peers developing autonomous trucks. Santa Clara, Calif.-based PlusAI plans to merge with Texas Ventures Acquisition III, which has backing from funds managed by hedge fund and asset manager Yorkville Advisors Global. The deal will add $236 million to PlusAI’s coffers and is expected to provide it with funding through 2027, when the company aims to put autonomous trucks on the road without a safety driver in the cab. “This transaction validates a year of significant execution and operational milestones for PlusAI. We are operating autonomous freight routes in Texas today, expanding our OEM partnerships, and successfully monetizing the proprietary data, models and simulation capabilities we have built over the past decade,” said David Liu, PlusAI co