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Lidar startup Aeva to go public via $2. 1 billion SPAC merger

Published Nov 02 2020 at 5:07 PM GMT
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  • Aeva, a Mountain View, Calif.-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.
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  • Published Nov 2, 2020 5:07 PM GMT