Automotive data startup Wejo to go public

By
Follow google news

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:

Most Read Articles

Amazon Web Services to build two Sydney data centres

Amazon Web Services to build two Sydney data centres

Westpac's thumbs up for back-end grunt

Westpac's thumbs up for back-end grunt

Microsoft crowns Azure ready for Aus govt workloads

Microsoft crowns Azure ready for Aus govt workloads

NSW Govt data centres on track to be Australia's greenest

NSW Govt data centres on track to be Australia's greenest

Log In

  |  Forgot your password?