My name is John Doerr, and Iβm an engineer, venture capitalist, and chair of Kleiner Perkins. Iβm the author of the #1 New York Times bestseller Measure What Matters, and I just wrote the new book Speed and Scale: An Action Plan for Solving Our Climate Crisis Now, which is one of the most challenging, inspiring, and rewarding experiences of my life. I was an original investor and board member at Google and Amazon, helping to create more than half a million jobs. Iβve invested in zero emission technologies since 2006. Iβm passionate about encouraging leaders to reimagine the future, from tackling climate change to transforming healthcare to advancing applications of machine learning. Outside Kleiner Perkins, I work with social entrepreneurs who are tackling systemic issues across climate, public health, and education.
PROOF: https://i.redd.it/b91hfzbjrgy71.png
Lidar has been one of the hottest sectors in the SPAC market over the last year, with several startups choosing this route to go public.
What Happened: AEye is in talks to go public with CF Finance Acquisition III (NASDAQ:CFAC), according to Bloomberg.
The company is backed by Continental AG, Europeβs second-largest car parts supplier, which took a stake in October.
The two companies are working together on a long range lidar sensor base on AEyeβs patented architecture to commercialize.
Related Link: Ford Reports 7.6% Stake In Newly Public Velodyne Lidar
Other backers in AEye include Kleiner Perkins, LG Electronics, Intel Corp (NASDAQ:INTC), Subaru and Airbus.
