Luminar

Luminar secures as much as $200M following CEO departure and layoffs

Lidar firm Luminar reached a cope with Yorkville Advisors International and one other unnamed investor that might carry one other $200 million into its coffers by means of the sale of convertible most well-liked inventory over an 18-month...

Luminar kicks off one other spherical of layoffs amid CEO’s sudden resignation

Luminar, the lidar firm based by just lately changed CEO Austin Russell, goes by means of one other restructuring, according to a recent regulatory filing. This new spherical of layoffs, which the corporate didn't present figures for, follows...

Billionaire founding father of Luminar changed as CEO following ethics inquiry

Austin Russell, who grew to become a billionaire after his lidar startup Luminar went public, seems to be out as CEO, based on the corporate’s board. Luminar’s board introduced Wednesday — the identical day of its first-quarter earnings...

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

Welcome again to TechCrunch Mobility — your central hub for information and insights on the way forward for transportation. Join right here at no cost — simply click on TechCrunch Mobility! OK, who positioned their wager on Normal Motors...

Billionaire founding father of Luminar changed as CEO following ethics inquiry

Austin Russell, who turned a billionaire after his lidar startup Luminar went public, seems to be out as CEO, in accordance with the corporate’s board. Luminar’s board introduced Wednesday — the identical day of its first-quarter earnings report...

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