Amazon Invests in Driverless Startup Aurora, Valued at More Than $2 Billion

Amazon.com Inc. has invested in high-profile autonomous-vehicle startup Aurora, giving the online retailer insight into the fast-developing world of driverless cars as it navigates its growing logistics operation.

Aurora Innovation Inc. raised more than $530 million in the latest funding round, which was led by venture firm Sequoia Capital and included capital from Amazon and funds and accounts advised by T. Rowe Price Group Inc., the startup said Thursday. The investors valued the company at more than $2 billion.

By Henry Hannon
Henry Hannon Assistant Director, Data Analyst Henry Hannon