Luminar Technologies is an autonomous vehicle sensor and software company developing LiDAR systems for autonomous vehicles.
Timeline
February 2021
Luminar Technologies raises a $154,000,000 venture round.
December 2020
Luminar Technologies raises a $420,000,000 venture round.
August 24, 2020
Luminar Technologies raises a $170,000,000 venture round from Crescent Cove Advisors, Moore Strategic Ventures, Nicholas Woodman, Peter Thiel, Van Tuyl Group, VectoIQ and Volvo Cars Fund.
2020
Luminar Technologies was founded by Austin Russell.
January 1, 2018
Luminar Technologies raises a $114,000,000 venture round from Fernando Pontaza and Invariantes Fund.
April 14, 2017
Luminar Technologies raises a $36,000,000 venture round from 1517 Fund, Canvas Ventures, Fernando Pontaza, GVA Capital and Invariantes Fund.
Funding rounds
Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
100,000,000
July 2019
170,000,000
August 24, 2020
36,000,000
April 14, 2017
114,000,000
January 1, 2018
October 30, 2020
People
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LinkedIn
Further reading
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Documentaries, videos and podcasts
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News
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Description
Kirsten Korosec
May 3, 2021
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from [...]
Kirsten Korosec
April 26, 2021
TechCrunch
Luminar Technologies is expanding its lidar business beyond automotive and into aviation through a partnership with Airbus. The collaboration with the French aerospace giant, which was announced Monday morning, marks the latest in a string of partnership announcements between Luminar and companies like Daimler, Volvo and Mobileye. Until now, these have exclusively focused on applying [...]
Grace Kay
April 21, 2021
Business Insider
In 2019, Tesla CEO Elon Musk called the technology being developed by Luminar for self-driving cars "doomed."
Matthew Fox
April 21, 2021
markets.businessinsider.com
Alan Prescott will join Luminar directly from Tesla, and will be responsible for directing all legal operations at the self-driving vehicle company.
Emily Graffeo
April 20, 2021
markets.businessinsider.com
Luminar Palo Alto Data Collection Luminar Bank of America initiated coverage of Luminar Technologies with a "neutral" rating and $23 p...
Kirsten Korosec
March 12, 2021
TechCrunch
Luminar Technologies has deepened ties with Volvo Cars to develop and eventually sell an automated driving system for highways to other automakers. The partnership, announced Thursday, is between Luminar and Volvo's self-driving software subsidiary Zenseact. The two companies are combining their tech to create what Luminar founder and CEO Austin Russell described as a "holistic [...]
Hillary Hoffower
January 17, 2021
Business Insider
Austin Russell, 25, became the youngest self-made billionaire after taking Luminar, which builds lidar sensors for self-driving cars, public.
Matthew Fox
December 22, 2020
markets.businessinsider.com
A self-driving car company that doesn't rely on lidar sensor technology is Tesla, which instead utilizes external cameras and artificial intelligence.
Emily Graffeo
December 7, 2020
markets.businessinsider.com
Luminar's SPAC debut propelled 25-year-old CEO Austin Russell to become one of the world's youngest self-made billionaires.
Ian King
December 3, 2020
Sky News
Austin Russell's driverless vehicle tech business Luminar has come to market with a valuation of more than $3bn.
References
Is a
Company attributes
Location
Company status
Active
B2X
Founder
Crunchbase
Legal name
Luminar Technologies, Inc.
Accelerator
Legal classification
Date incorporated
2020
Number of Employees (ranges)
250–499
Full address
12601 Research Parkway Orlando, FL 32826 United States
CIK number
Total funding amount (USD)
994,000,000
Latest funding round date
February 2021
Latest funding type
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