Amazon-backed Aurora has bucked the self-driving consolidation trend, but VCs say its fundraising skills and executive 'dream team' make it one of the hottest names in the industry
has been an exception to the trend, staying independent while developing an automated-driving system it hopes to one day sell to trucking and auto companies. But its lack of a deep-pocketed parent hasn't damaged its reputation, at least not among venture capitalists.
When Business Insider asked Sakkers and six other VCs which autonomous-vehicle startups they believe have the most promise, Sakkers and three others picked Aurora. No other company received as many endorsements. Sakkers called the trio "the dream team of autonomy." Mark Norman, a partner at Fraser McCombs Capital, said he has "deep respect" for them.
earlier this year that one mile driven in a virtual-testing system can have as much value as 1,000 miles driven in the real world.An autonomous-vehicle company needs loads of money to have any chance of delivering on its ambitions.
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