Lidar startup Aeva to go public via $2.1 billion SPAC merger

Aeva, a Mountain View, California-based lidar company started by two former Apple engineers and backed by Porsche SE, is merging with special purpose acquisition company InterPrivate Acquisition Corp., with a post-deal market valuation of $2.1 billion. The deal with InterPrivate, which is led by private equity investor Ahmed Fattouh, is expected to close by early … Continue reading Lidar startup Aeva to go public via $2.1 billion SPAC merger