Luminar (Convertible Debt Exchange and New Capital Raise)
Funding Details
Awarder
RSS - feed.businesswire.com
Date Award
August 6, 2024
Vertical
Automotive Technology
Funding Amount
$100,000,000
Company Info
Founding Year
2012
Traction
Luminar has ramped production for its first global production vehicle and has a multi-billion-dollar order book. The company is on track to meet its business milestone targets for 2024.
Revenue Amount
$16,500,000
Organizations Involved
Volvo Cars
Founders
Austin Russell
Market
LiDAR and Autonomous Vehicles
Location
Orlando, FL, US
Coinvestors
Not specified
Company Description

Luminar is an autonomous vehicle and lidar technology company for passenger cars, commercial trucking, and robo-taxi.