Automotive data startup Wejo to go public

By

Deal values the company at over $1bn.

Automotive data startup Wejo to go public
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 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
automotivedatastorage

Sponsored Whitepapers

Modern Identity for SAP and Beyond: Replace SAP IDM with Saviynt
Modern Identity for SAP and Beyond: Replace SAP IDM with Saviynt
Saviynt Simplifies GRC and Access Control for SAP and Beyond
Saviynt Simplifies GRC and Access Control for SAP and Beyond
Futureproof Your Business with Datacom and AMD: Seamless Windows 11 Transition
Futureproof Your Business with Datacom and AMD: Seamless Windows 11 Transition
See everything. Do more.
See everything. Do more.
Lindentech Secures Digital Identity with Zero Trust and Microsoft Entra
Lindentech Secures Digital Identity with Zero Trust and Microsoft Entra

Events

Most Read Articles

Microsoft had three staff at Australian data centre campus when Azure went out

Microsoft had three staff at Australian data centre campus when Azure went out
Defence picks Lockheed Martin for mammoth compute deal

Defence picks Lockheed Martin for mammoth compute deal
NSW Govt data centres on track to be Australia's greenest

NSW Govt data centres on track to be Australia's greenest
APA Group to bring mobility, AI to engineering document repository

APA Group to bring mobility, AI to engineering document repository
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?