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Luminar secures $200M funding post CEO departure and layoffs

Luminar, a lidar company, recently struck a deal with Yorkville Advisors Global and another mysterious investor that could bring in a whopping $200 million through the sale of convertible preferred stock over the course...

Luminar Layoffs Continue as CEO Resigns

Luminar, the lidar company that was once led by Austin Russell, who no longer holds the CEO position, is facing yet another round of restructuring. New layoffs have been announced in a recent regulatory...