Self-driving startup Aurora raises $530m from Sequoia, Amazon, others

Self-driving startup Aurora raises $530m from Sequoia, Amazon, others

Aurora Innovation CEO Chris Urmson traces his roots in self-driving technology back to the earliest days of the field. Photographer: Patrick T. Fallon/Bloomberg

The self-driving startup Aurora Innovation Inc. has raised $530 million from a group of investors led by Sequoia Capital, Silicon Valley’s storied venture capital firm, that includes financial backing from Amazon.com Inc. and T. Rowe Price Group Inc. This second round of funding for Aurora values the company at more than $2.5 billion.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter