Self-Driving Startup Aurora Bets on Lidar in First Acquisition

  • Silicon Valley firm buys Blackmore, extending reach to Montana
  • Aurora founders are known for Google, Tesla and Uber pedigrees
Blackmore’s lidar driving through Las Vegas.Source: Aurora
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Aurora Innovation Inc., the self-driving technology startup known for its dream-team founders, has made its first major acquisition: a lidar company based in Bozeman, Montana.

Aurora recently raised $530 million from investors including Sequoia Capital, Amazon.com Inc. and T. Rowe Price Group Inc. It’s acquiring Blackmore Sensors & Analytics, a lidar startup that had raised funding from BMW i Ventures and Toyota AI Ventures, for undisclosed terms.