Automotive data startup Wejo to go public

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Automotive data startup Wejo to go public

Deal values the company at over $1bn.

Auto data startup Wejo, backed by General Motors, will go public through a reverse merger with blank-check company Virtuoso Acquisition Corp in a deal that values the British company at US$800 million (A$1.35 billion) including debt. The deal will raise US$330 million in proceeds for Wejo, the ...

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