Autonomous Trucks
New Delhi:- Self-driving technology company Aurora Innovation, which aims to launch its self-driving truck business in 2024, has completed a $820 million funding round through a public offering and simultaneous public offering. Also Read:- Farizon to Amplify its Electrification out of China after Capitalizing enoughIn April, Aurora applied for a mixed bid proposal to raise $350 million. Aurora will sell 73,333,333 shares of Class A common stock at a public offering price of $3 per share, or $220 million. Aurora shares closed at $2.92 on Thursday. Aurora to launch autonomous trucking business has raised private shares for self-funding and are expecting to close the deal on Friday as the business is very wide and can expand on a very wide range.