Self-Drive Startup Gets Hyundai, Baillie Gifford Funding
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Aurora Innovation Inc., the self-driving technology startup known for its dream-team founders, said Wednesday that Hyundai Motor Group is part of a more than $600 million fundraising round, along with Baillie Gifford & Co., the top outside investor in Tesla Inc.
The startup did not disclose the size of the investments by Hyundai and Baillie Gifford, but they are in addition to the $530 million in financing for its Series B round announced in February. Aurora raised $90 million in its Series A round last year, bringing the total financing to more than $700 million.