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Luminar secures up to $200M following CEO departure and layoffs

22 May 2025 at 00:30
Lidar company Luminar reached a deal with Yorkville Advisors Global and another unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over an 18-month period. The agreement, which was announced in a regulatory filing Wednesday, follows an abrupt change in leadership and layoffs. Earlier this month, […]

TechCrunch Mobility: Google’s Gemini is coming to your car, chaos comes for Luminar, and the Amazonification of Uber 2.0

16 May 2025 at 18:06
Welcome back to TechCrunch Mobility β€” your central hub for news and insights on the future of transportation. Sign up here for free β€” just click TechCrunch Mobility! OK, who placed their bet on General Motors being the landing spot for Aurora co-founder and chief product officer Sterling Anderson? Not me. But here we are. […]
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